October 17, 2011 6:03 PM

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Inflation to come down to 7% by March-end: Gopalan

The Finance Ministry has said that the inflation would come down to seven per cent by end of March next year. Talking to reporters in New Delhi today, the Economic Affairs Secretary R. Gopalan said the current inflation is too high from comfort level.Our correspondent reports that overall inflation increased to 9.72 per cent in last month from 8.98 per cent in the year-ago period, as prices of food and manufactured items continued to escalate. However, general inflation, as measured by the Wholesale Price Index was marginally lower than the 9.78 per cent recorded for August.

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