Web Analytics Business News This Week Inflation slides to 3.36 per cent from 3.93 per cent | Business News This Week

Feb 26, 2009

Inflation slides to 3.36 per cent from 3.93 per cent

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Inflation decreased to 3.36 per cent for the week ended 13 February. Measures taken by the government of India and central bank checked the inflation.

Previous week the inflation was recorded at 3.93 per cent. The slide in the rate of inflation brightens the chances of interest rate changes by RBI.

The anti-inflation policies by the RBI during the crucial time were proved effective. On the other hand RBI did balancing measures as the situation also demanded check on the liquidity crisis.

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