Inflation expectations rising in India: RBI
The December issue of Reserve Bank of India Bulletin, published on Thursday, included a survey that showed households' inflation expectations are rising.
The survey, conducted between July and September, measured the inflation expectations of 4,000 households across 12 cities for the fourth quarter of 2010 and the fourth quarter of 2011, referring to calendar quarters in both instances. The survey found that households expected inflation to rise by 20 by the end of 2010, to 12.3% from the
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