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curious_mind
Sep 9, 2009, 09:45 PM
Hi everyone, in India we follow the WPI. As it is evident, our country's WPI is currently negative. Consequently, the inflation rate is also negative. I'd like to know what are the negative aspects of these events on the economy :)

Thank you,
Abhi.

georgeryder9
Sep 28, 2009, 07:55 PM
As I know Inflation is the decrease in money power of buying goods or services. So it would mean that India currency to buy things has decreased.