<p> For the ninth week in a row, inflation stood below the one per cent mark, which may prompt the RBI and banks to cut interest rates.<br />Wholesale price inflation declined by 0.22 percentage points from 0.70 per cent in the previous week. <br />Inflation stood at 8.73 per cent during the same week a year ago.<br />Expecting easing of food prices in the coming week, analysts are divided over whether the inflation would slip below zero level.<br />Inflation for the week ended March 3 was revised upwards to 0.89 per cent from 0.44 per cent as estimated provisionally.</p>
<p> For the ninth week in a row, inflation stood below the one per cent mark, which may prompt the RBI and banks to cut interest rates.<br />Wholesale price inflation declined by 0.22 percentage points from 0.70 per cent in the previous week. <br />Inflation stood at 8.73 per cent during the same week a year ago.<br />Expecting easing of food prices in the coming week, analysts are divided over whether the inflation would slip below zero level.<br />Inflation for the week ended March 3 was revised upwards to 0.89 per cent from 0.44 per cent as estimated provisionally.</p>