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Inflation could reach 10 percent by March: Assocham

Inflation may soar to 10 percent in India by March 2010 due to rising prices of manufacturing goods and food, according to industry lobby Assocham.

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Inflation may soar to 10 percent in India by March 2010 due to rising prices of manufacturing goods and food, according to industry lobby Assocham.

The fact that inflation is starting from a low base will add to the problem. The Wholesale Price Index (WPI) will keep rising to touch the 252-mark on March 27, 2010, and inflation will reach 10 percent, the Associated Chambers of Commerce and Industry of India (Assocham) predicted in a report.

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