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Thursday, July 24, 2008

Inflation goes down marginally to end at 11.89%

After a series of bad news on economic front, the government finally got something to cheer about. During the week ending July 12, the inflation rate came down marginally to end at 11.89%. Last week, it was 11.91%.

Although it does not make any big difference, it still brought relief to the government, which has been trying hard to contain the rising inflation. According to economic experts, situation may improve in the next few weeks, if government push up key economic reforms.
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