<h1>Finance Minister Projects Inflation Moderation, Emphasizes Boosting Capital Goods for Economic Growth by March 2012.</h1> The Finance Minister expressed confidence in continued moderation of inflation in the coming months, projecting headline inflation to be between 6 and 7 percent by March 2012. Despite a gradual softening in manufactured goods prices, food inflation has remained negative. The Index of Industrial Production (IIP) showed a strong recovery, with overall growth at 5.9 percent over the previous year, although capital goods growth remains negative. Consumer goods and the electricity sector have shown significant growth. The Minister emphasized the need to enhance capital goods performance and investments to regain growth momentum for the rest of the financial year.