<h1>Finance Minister Predicts Inflation to Range Between 6%-7% by March 2012 Amid December's Rate Decline to 7.47.</h1> The Finance Minister expressed confidence that inflation moderation would persist in the coming months, predicting headline inflation to range between 6% and 7% by March 2012. The decline in December 2011's inflation rate to 7.47% from November's 9.11% was attributed to reduced inflation in primary articles, particularly food. Although manufactured goods' price softening might be gradual, overall macro-economic conditions showed improvement in late 2011. Despite marginal declines in manufactured and power group item inflation, these areas remain concerning. The annual inflation rate for December 2011 decreased to 7.4% from 9.11% in November and 9.45% in December 2010.