The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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lunes, 16 de abril de 2012

Inflation in India slowed less than expected in March

MUMBAI (MarketWatch)
Inflation in India slowed less than expected in March, as food and energy prices kept climbing, but a cooling in manufacturing prices kept intact market hopes for a rate cut by the Reserve Bank of India on Tuesday
The wholesale price index rose 6.89% in March from a year earlier, compared with February's 6.95% increase, India's ministry of commerce said on Monday
Economists surveyed by Dow Jones Newswires on average expected inflation to slow to 6.65% in March
However, inflation for manufactured products, which is the main component of the index, slowed to 4.87% in March from 5.75% in February
With growth slowing in recent months, the RBI is widely expected to cut its key lending rate by 25 basis points to 8.25% on Tuesday

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