Thursday, June 17, 2010

Food inflation above 16% for eighth week; RBI talks of action

Interesting:

Food inflation continued to hold out above 16% for the eight straight week ending June 5, prompting the RBI to say it could increase interest rates to arrest price-line ahead of a scheduled policy review next month.
And this:
Food price index rose 16.12 per cent in the year to June 5, while the fuel price index climbed 13.18 per cent, government data released on Thursday showed. original. Site of shukkxtra432

No comments: