India Coffee House Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : India Coffee House

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mohan Marette who wrote (5181)	7/19/1999 8:03:00 AM
From: Mohan Marette	of 12475

Inflation may hit magical ‘zero' Date: 7/19/99 12:15:26 PM (Probity) Going by the Wholesale Price Index (WPI), which stood at a mere 1.83% for the week ended July 3, there is a real possibility of inflation transforming into the magical ‘zero' mark in late September or early October. Though the decrease in prices is more statistical owing to a big jump in index numbers last year, the trend shows that we could reach zero inflation. Ignoring last year's astronomical rise in vegetable prices, the WPI rose only 4.6 points between July and October and if that level of increase occurs this year, the inflation rate towards October end will be 0.5 per cent.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next