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Inflation likely to peak in 2-months at 13%
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E-mailMade Popular Jun 29 2008
India :
Inflation is likely to peak at around 13 per cent over the next two months before gradually moderating to around 8.5 to nine per cent by end-this fiscal, economists said. The country’s economic growth too would moderate below the...
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I wouldn't be surprised that by fall the international oil prices would reach USD200 a barrel. That would mean that there would be no respite in the scorching inflation rates. It can easily reach 15 percent by the end of October. Should Bush decide something mad on Iran, then god help us.
(Local Perspectives)
This is bad bad bad news!
(Global Perspectives)
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A new Utopian world order will be achieved. Welcome to the brave new world!
Jokes apart, we are definitely heading towards a crisis. We’ll live in daily rations. That should do good to the obese though!