Posts Tagged ‘Economic parameters’

Indian inflation turns negative

Thursday, June 25th, 2009

BBC news reports that Indian inflation fallen to minus 1.61% at June 6.

Inflation in India has turned negative for the first time in more than 30 years, official figures have shown.

Wholesale prices fell 1.61% in the year to 6 June, compared with a rise of 0.13% the previous week, the Ministry of Commerce and Industry said.