Business Week, in its November 25, 2011 article, reports that India’s October Inflation Exceeds 9% for 11th....
Extract :
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(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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