The Finance Blog: Indian Inflation turns negative

Thursday, June 18, 2009

Indian Inflation turns negative

For the first time since 1977, India's WPI Inflation rate fell to -1.61% for the week ended on June 6 2009!

5 comments:

Saad Shaikh said...: Great.. atlast the inflation fear has vanished.. but tell me.. the inflation has gone into "minus".. is that good for the economy?? shouldn't it be somewhere close to ZERO??; June 19, 2009 7:59 PM
Mutual Fund said...: Ofcourse, its not good for economy. Infact,its worse than Inflation. Just like low-sugar is worse than high-sugar.

I am from www.MoneyVriksh.com; June 19, 2009 9:09 PM
Tarla said...: Ha Ha Ha..
Great example by moneyvriksh.com guy!; June 25, 2009 2:32 PM
Krish said...: It is good for India to achieve negative inflation rate.; July 5, 2009 7:11 PM
financemaster said...: hello guys... deflation is even more dangerous than inflation. check a site http://elagaan.com/ . you ll get good knowledge; July 7, 2009 11:11 AM

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