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Tuesday, March 27, 2012

Inflation update

The inflation data in February 2012 reveals that

(i) Food inflation slowed to single digits (8.9% on a point-to-point basis) for the first time in 15 months because of harvesting and winter season and fall in the international prices;
(ii) Non-food inflation keeps rising and maintaining a high level of double digit level (13.6% on a point-to-point basis)

Here are the news links on this:
a. Food inflation eases into single digits
b. Non-food inflation goes up further

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