Thread: Inflation seen staying uncomfortably high in October 2013!

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  1. #1

    Default Inflation seen staying uncomfortably high in October 2013!

    Due to stubbornly high food prices, adding to the pressure for further interest rate rises despite slowing economic growth, shows high inflation rate in October 2013.

    The forecast data shows annual consumer inflation at 9.9% in October 2013, up slightly from September 2013, and figures are expected to show wholesale inflation running at an eight-month high of 6.90%, according to economists polls in India.
  2. #2

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    Inflation eroding savings of Indians in metros – Saving rates dropped by 40% in last 3 years, ASSOCHAM Survey!

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