Inflation dips to 6.61% from 6.68 %

The inflation dips further to 6.61 per cent to 6.68 per cent for the week ended December 13. Previous week the inflation was recorded at 6.68 per cent.

The inflation dips a nine months law as on the week ended December 13. Couple of months back the inflation was at peak and once it touched to high as of 13 years.

In this fiscal year, the inflation in double digit was also seen but thanks to the fiscal measures and cut the fuel prices which led to the drastic fall in inflation.

The government had raised the price of fuel prices which reportedly sparked the prices of the essential goods and services. The fall in the international crude prices gave a relief to the people back in India. The government of India has cut the fuel prices considering the drastic fall in the global crude price.

It's good time for the people as the inflation has been decreasing significantly. The price of essential goods and services would be in reach of the common people and the fall in the inflation will impact on the market.

The inflation would not be a big toll for the government in the coming New Year unlike current year. The inflation has been a sensational issue in India. Inflation has become political issue when it touched to the double digit mark.