Even though energy price decreased somewhat in the second half, significant depreciation of the Korean won during this period made energy prices remain high and inflation persistent as energy imports are mostly invoiced in US dollars.
Data reveals that as at the end of July, 2011 the total wireless subscriber base was 858 million, which included 292 million subscriptions in the rural areas. As against this only 55 percent of the people of India have deposit accounts. It is evident that mobile phones have reached more households than basic banking services.