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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Sunday, July 8, 2012

Inflation exceeded projection!


Average annual rate of inflation in FY12: 10.6%, the highest average inflation rate after 1985!

According to the government’s projection, average annual rate of inflation in FY12: 7.5%, meaning 3.1% higher than projection.

News on the issue.


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