Phew !!!

Atlast a sustained dip in the bizzare inflationary trends....

Now for the third week in a row , there has been a dip in the inflation though it is indeed a marginal decline. Inflation once again declined by 0.2 percentage points to settle at 12.1 per cent in the week ended August 30, down from the previous week's 12.34 per cent. This downtrend has been on for three weeks now.

Analysts, however, believe the current decline in inflation is more a statistical anomaly than anything else. While the rate of inflation has certainly gone down, the wholesale price index, the primary index used to measure headline inflation in India, rose 0.2 per cent, a rise pretty much at par with what the country has been witnessing over the past several weeks.

What awaits India is anybody's guess right now !!!