November inflation seen easing to 9.04 pct

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Published : December 13th, 2011
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Reuters, in its December 13, 2011 article, reports that November inflation seen easing to 9.04 pct.

Extract :

 

 

 

 

REUTERS FORECAST - India's headline inflation likely eased in November to 9.04 percent from 9.73 percent the month before as food prices fell to their lowest in nearly three-and-a-half years, a Reuters poll showed.

Forecasts for November's wholesale price inflation from 27 economists polled this week ranged from 8.69 percent to 9.50 percent.

Annual food inflation dropped to its lowest level since August 2008 in late November, mainly because of sharp declines in prices of vegetables and protein-rich food.

 

 

Read the rest of the article at Reuters
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