India inflation at lowest since 2002, oil a concern http://in.reuters.com/article/businessNews/idINIndia-29653320070921?sp=true
Fri Sep 21, 2007
By Unni Krishnan
NEW DELHI (Reuters) - India's inflation rate fell to its lowest level in nearly five years in early September, but analysts said further sharp falls were unlikely and record high oil prices could see prices ticking up before the year ends.
The wholesale price index rose 3.32 percent in the 12 months to Sept. 8, down from 3.52 percent a week earlier and the lowest annual rise since Dec. 14, 2002, data showed on Friday. http://in.reuters.com/article/businessNews/idINIndia-29653320070921?sp=true