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Inflation falls to 3 year low |
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Inflation has now fallen below 3 per cent per annum,but the market is not jumping with joy.The inflation rate fell to 2.43 per cent from 3.03 per cent in the one week period but there are some other bad news which have made the market jittery.Industrial production has fallen in January by 0.5 per cent after a fall of 0.6 per cent in DEcember 2008. This is a sure evidence of slow down in the economy, and the market too did not retain its mid session gains on Thursday. |
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