Economic Times, 23rd January 2009
The hardening of food prices on the back of the recent truckers’ strike brought a halt to the 10-week downward trend in inflation. Wholesale prices for the week ended January 10 inflated by 5.6%. In the previous week, prices inflated by 5.24%, and by 4.36% in the corresponding week last year. Economists say this is a temporary blip and expect the inflation rate to fall to near-zero in a couple of months.
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