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India: Essential commodities could become cheaper

Posted on 30 January 2009

From Hindu.com: The decision to cut fuel prices could have a positive impact on inflationary trends and result in reduction in prices of essential commodities.

The government is positive about the outcome and feels that it will help bring down inflation to around 3 to 4 per cent by March this year. Experts say that as energy is the backbone of all economic activity, it is bound to have an all round impact. …. Full Article: Source


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