India: Inflation nation

Much of the inflation debate is focused on the intensity of price pressures in the Indian economy. The length of the current inflationary episode is also a cause for worry. India has already had 20 consecutive months of inflation in excess of 8%, from January 2010 to August 2011 (the latest month for which data is available). The previous inflationary episode in 2008 was more intense, with a higher peak.

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