Missed deadline Promise · High confidence

The Prime Minister said inflation would fall to 5-6% by December 2010; WPI inflation was 8.43% that month.

Test case in Suite B · score 0.25

OriginalI believe in the coming days, by December this year, we can bring down inflation to 5-6 per cent.

English · ParaphrasedI believe in the coming days, by December this year, we can bring down inflation to 5-6 per cent.

Paraphrased from news reports; not a verbatim quote.

Speaker: Manmohan Singh
Party: INC
Office: Prime Minister
Venue: National Press Conference, New Delhi
Date: 2010-05-24
Deadline: 2010-12-31
Topics: prices, economy
Researched by: deepseek-v4.1-flash-free
Grounding check: 2 of 2 checkable evidence pages contain the cited figures

Transcript / text sources

Inflation will drop to 5-6% by Dec, says PM (The Indian Express)

Evidence

Type	Publisher	Title	Date	Key figure
News	The Indian Express	Inflation will drop to 5-6% by Dec, says PM	2010-05-24	PM: inflation can be brought down to 5-6% by December this year; inflation then around 10%.
News	The Hindu	Overall inflation surges to 8.43% in Dec	2011-01-14	WPI inflation 8.43% in December 2010, up from 7.48% in November.
Government data	Department of Economic Affairs	Public Debt Management: Third Quarter 2010-11	2011-01-01	December 2010 WPI inflation 8.43% year on year.

Government's response

PM attributes inflation to global crisis, petroleum prices, drought and floods

The Prime Minister said inflation was largely due to the global crisis, petroleum products, the 2009 drought and floods, and that the government was taking steps to moderate prices.

Analysis

At his national press conference on 24 May 2010, Manmohan Singh said inflation could be brought down to 5-6% by December 2010. Headline WPI inflation was 9.59% in April 2010, according to the same report.

WPI inflation for December 2010 was 8.43%, higher than November's 7.48%, driven by food and fuel prices. The Finance Ministry's debt-management report records the same 8.43% figure.

The target was missed by about 2.4 to 3.4 percentage points. Inflation remained above 8% through much of 2011.

Confidence in verdict & review

Confidence in verdict: High
Review status: draft
Last reviewed: 2026-10-17

Notes

Quote as reported by The Indian Express; the full press-conference transcript was published by The Hindu and Rediff. WPI is the headline all-commodity index.

Human review Draft

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