India Investment, Indian Government, Indian Trade & Indian Economy Analysis, Commentary & News

The Indian economy saw its inflation rate drop to 10.68 percent in October according to Xinhua News Agency.

The wholesale price index (WPI) which includes prices for items such as raw rubber and groundnut seed declined 0.3 percent in addition to a 0.4 percent decline in items such as power, fuel, light and lubricants.

This Indian economic news continues to point the global economy and emerging markets towards a deflationary scenario in conjunction with a deep recession.

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