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Indian Inflation and Retailers

Sunday, September 28, 2008

Indian Inflation is up to 12.14 per cent till September what will happen next it is undecided because there are still 4 months in this year. It is higher inflation rate in Indian economy. About it HT writes,
“Inflation for the week ended July 12 was revised up to 12.13 per cent from 11.89 per cent.

The annual inflation rate was 3.46 per cent during the corresponding week of the previous year.”

Along with this inflation retailers has some new mantra or tips to sell their products. With the HT in other news you can read also it,
“Driving more consumption in each store and bringing up innovative, profitable formats are the two priorities for Indian retailers today,” said Ireena Vittal, partner, McKinsey & Company.”


It means I have already wrote about industrial growth of India. And now here after all the inflation we are seeing growth in retails market. Then question is why inflation is growing and money where is going?

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