Indian inflation falls to 7.81 pct
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India's annual wholesale price inflation rate fell to 7.81 percent in the year to Sept. 4 due to lower prices of oilseeds and poultry and a higher base effect, data showed on Friday.
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The CPI rate of UK inflation fell to 1.8% in August from 1.9% in July, official figures show.
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[Business India]: Mumbai, Oct 26 : India&#39;s growth forecast for the current fiscal was Tuesday lowered to 6-6.5 percent by the Reserve Bank of India (RBI), which also unveiled measures to arrest the inflation rate.
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Business News, BEIJING, China&#39;s annual inflation rate dropped sharply in November, providing further evidence that steps to cool the economy are working and reducing the chances in the near term of a fresh rise in interest rates.
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Consumer price inflation fell to 1.3% in August, official figures show, as interest rate rises begin to make their mark on the economy.
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Falling gas prices reduced the overall measure of prices paid by consumers in July, according to a government report Tuesday, as inflation was far less than Wall Street&#39;s expectations for the month.
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Inflation slowed to an annual rate of 1.1 percent in September from 1.3 percent in August, as cheaper airfares helped to push the rate down to the lowest level for six months, official figures showed.
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MUMBAI, OCTOBER 26: Government bonds fell across the board, mainly in the short to medium tenures on a knee-jerk reaction to the raising of the inflation estimate to 6.5 per cent and a 0.25 per cent hike in the repo rate to 4.75 per cent by the Reserve
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British inflation slowed to an annual rate of 1.1 percent in September from 1.3 percent in August, as cheaper airfares helped to push the rate down to the lowest level for six months, official figures showed.
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Consumer prices fell 0.1 percent as energy costs fell, keeping pace with the yearâs slowdown in inflation and offering some comfort to Fed officials after yesterdayâs half-point rate cut.
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Romania's inflation rate fell to 9.3% in 2004 compared to 14.1% the previous year, official figures showed.
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UK manufacturers see a surprise fall in costs, figures show, indicating inflationary pressure may be easing.
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There are some signs of cyclical overheating in India's economy, but the recent rise in the rupee has dampened inflation, a government economic adviser said on Wednesday.
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NEW DELHI: When PV Narasimha Rao became the Prime Minister on June 21, 1991, India was broke. Breakneck growth funded by overseas money with an unrealistically high rupee peg put enormous strain on foreign exchange reserves.
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China's annual inflation rate dropped  sharply in November, providing further evidence that steps to  cool the economy are working and reducing the chances in the  near term of a fresh rise in interest rates.
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Chinaâs annual inflation rate dropped sharply in November, heartening policy makers who have been striving to cool the economy and reducing chances of a further rise in interest rates in the near term.
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Share prices fall sharply on India's main indices amid fears that a US recession could herald a global slowdown.