Kamal Nath hopes further dip in inflation

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New Delhi, Aug 29 (UNI) Commerce and Industry Minister Kamal Nath today expressed the hope that inflation would further moderate in the coming weeks and months.

Replying to a question, he said inflation is expected to come down over a period of time and hoped the declining trend would continue.

The headline inflation declined by 23-basis point to 12.40 per cent for the week ended August 18.

This is the first time rate of increase in wholesale prices has fallen in more than six months.

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