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This is an archive article published on March 27, 2009

Inflation to be near zero in FY10: CEA

Inflation is expected to be between 2 pct and minus 2 pct in FY10,CEA Arvind Virmani said.

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India’s wholesale price inflation is expected to be between 2 per cent and minus 2 per cent in the fiscal year to March 2010,Chief Economic Adviser Arvind Virmani said on Friday.

On Thursday,data showed the wholesale price index rose 0.27 per cent in the 12 months to March 14,below the previous week’s annual rise of 0.44 per cent.

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