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Friday, October 31, 2008

Inflation dips to 10.68 per cent

Breaking News! The inflation continued its downward turn for the fifth successive week, as it fell to 10.68% during the week ended October 18 as compared to 11.07 per cent for the previous week. The drop in inflation rate has been attributed to the one percentage cut in the repo rate announced by the RBI last week.

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