The average inflation figure for the week ended April 26, 2008, is seen at 7.65 per cent, as compared to 7.57 per cent in the previous week. The figures for the same period of the last year was 6.01 per cent. Inflation has stayed above the 7 per cent mark for the fifth straight week.
Among the financial services firms, BNP expects inflation to be at the upper range of the forecast, at 7.75 per cent. On the other hand, Calyon sees it at the lower end, at 7.51 per cent. Inflation in the week ended April 5, 2008, had eased to 7.14 per cent, but in the following weeks had again began its upward march by rising to 7.33 per cent for the week ended April 12, 2008.
Among the financial services firms, BNP expects inflation to be at the upper range of the forecast, at 7.75 per cent. On the other hand, Calyon sees it at the lower end, at 7.51 per cent. Inflation in the week ended April 5, 2008, had eased to 7.14 per cent, but in the following weeks had again began its upward march by rising to 7.33 per cent for the week ended April 12, 2008.
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