India International Political Economy

India’s inflation rate has slowed for the third week in a row offering welcome relief to the Indian economy according to International Herald Tribune.

With inflation at 3.72 percent a year ago, a drop from 12.34 percent to 12.10 percent is significant consider the Indian economy is ripe to overheat.

Consensus is the Reserve Bank of India (RBI) will continue tightening the money supply to help continue the inflation down trend.