Breaking News
Nagaland Post Logo
You are here:  Skip Navigation LinksHome » Show story
Inflation could top 10% by March
Published on 17 Feb. 2010 12:04 AM IST
Print  Text Size

India’s wholesale price inflation could cross 10 percent by end-March, depending how food prices behave in the next two weeks, federal chief statistician Pronab Sen told Reuters on Tuesday. Accordingt o Reuters, the monthly index touched a 14-month high of 8.56 percent in January, leaping over the central bank’s end-March target of 8.5 percent. When asked whether this could force the central bank to act, Sen said: “As far as monetary action is concerned, the real worry is non-food inflation and that has now gone up above 5 percent.” “I think the RBI will have to look at it.”

Comments:(0) Login or Register to post your Comment
(Available for registered users only)
More News