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Inflation to dip at 3-4% by March: official

Inflation to dip at 3-4% by March: official
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First Published: Thu, Jan 15 2009. 11 50 AM IST
Updated: Thu, Jan 15 2009. 11 50 AM IST
New Delhi: Inflation in likely to fall to an annual 3-4% by March, the economic affairs secretary said on Thursday.
“The downward trend will continue. The expectation is inflation will come down to still more manageable numbers -- 3-4% over the next three months, by March,” Ashok Chawla said.
The wholesale price index (WPI) rose 5.24% in the 12 months to 3 January, below the previous week’s annual rise of 5.91%, government data showed on Thursday.
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First Published: Thu, Jan 15 2009. 11 50 AM IST