Thursday, June 18, 2009

Indian Inflation turns negative

For the first time since 1977, India's WPI Inflation rate fell to -1.61% for the week ended on June 6 2009!

8 comments:

  1. Saad ShaikhJune 19, 2009 at 7:59 PM

    Great.. atlast the inflation fear has vanished.. but tell me.. the inflation has gone into "minus".. is that good for the economy?? shouldn't it be somewhere close to ZERO??

    ReplyDelete
  2. Mutual FundJune 19, 2009 at 9:09 PM

    Ofcourse, its not good for economy. Infact,its worse than Inflation. Just like low-sugar is worse than high-sugar.

    I am from www.MoneyVriksh.com

    ReplyDelete
  3. TarlaJune 25, 2009 at 2:32 PM

    Ha Ha Ha..
    Great example by moneyvriksh.com guy!

    ReplyDelete
  4. KrishJuly 5, 2009 at 7:11 PM

    It is good for India to achieve negative inflation rate.

    ReplyDelete
  5. financemasterJuly 7, 2009 at 11:11 AM

    hello guys... deflation is even more dangerous than inflation. check a site http://elagaan.com/ . you ll get good knowledge

    ReplyDelete
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