Inflation in India quite low, compared to leading economies: PM Modi

Jamnagar (Gujarat), Oct 10 : Prime Minister Narendra Modi on Monday said that inflation in the country is much lower than that in developed countries.

"Compared to developed countries, inflation is quite low, for example, the British are witnessing the worst inflation in the last 50 years, Americans are facing the highest inflation of the last 45 years, interest rates are very high... compared to those countries, the nation's inflation is low because the buoyant economy, our country's economy is very vibrant," he said at an event in Jamnagar, where he laid the foundation stone and dedicated projects worth Rs 1,448 crore in the district.