Headline inflation to continue around 7 percent till March: Pranab

By IANS,

Kolkata : Union Finance Minister Pranab Mukherjee said Monday headline inflation would continue around seven percent till March.


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“I am happy that headline inflation has come down from perilously close to the double digit figure from 9.7 percent to 7.47 in the month of December (2011). And I would believe that it would continue till March,” Mukherjee said at a FICCI programme here.

On the country’s GDP growth rate, he said it would be at seven percent by the end of the current fiscal March 31.

“We need not to be disappointed over the growth performance of our economy. In the first two quarters (of the current fiscal) it was 7.3 percent…,” he added.

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