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In the same category 
India’s October Inflation Exceeds 9% for 11th...
Published : November 25th, 2011
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Business Week, in its November 25, 2011 article, reports that India’s October Inflation Exceeds 9% for 11th....

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Keywords :   Central Bank | Global | Shield |

 

 

 

 

(Bloomberg) -- India’s inflation exceeded 9 percent for an 11th straight month, crimping the central bank’s scope to keep interest rates unchanged and shield the economy from a faltering global recovery.

The benchmark wholesale-price index rose 9.73 percent in October from a year earlier, the commerce ministry said in a statement in New Delhi today. That compares with a 9.72 percent jump in September and the median forecast of 9.65 percent in a Bloomberg News survey of 19 economists.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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