Inflation To Remain Under Control Says FICCI
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India Inc is unaffected by the rise in the headline inflation in December 2014. Industry body “The
She added, “Further, the recovery noted in manufacturing in November 2014 comes over a low base and we are not yet sure about a firm turn around. To give a boost to the capex cycle, there is an urgent need for lowering of lending rates. Since the inflation is largely under control, we urge the RBI to ease the monetary policy stance. ”
The WPI or the headline inflation has been recorded at 0.11% in December 2014 from 0.0% in November 2014. According to the data released by the
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