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Inflation at 7.61%, FM hints at more steps |
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Though inflation has not shown any significant spurt during the latest reported week, rising by 7.61 per cent for the week ended April 26 as against 7.57 per cent the previous week, actual inflation estimates could well be much higher.
The consistent upward revisions in the final inflation numbers by the Government since end-January have been fuelling speculation that actual inflation estimates, which come in with a lag, are way above what the provisional figures suggest.
The Commerce and In ...
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