Thursday, December 30, 2010

Inflation always a concern: Deputy Governor K.C.Chakrabarty

The Reserve Bank of India (RBI) Deputy Governor K.C.Chakrabarty said on Thursday that inflation was always a concern, and a pause in rate hikes does not mean a halt.  India's food inflation accelerated to a ten-week high in mid-December on rising prices of vegetables, while the fuel index also rose, adding to inflationary worries in Asia's third-largest economy.

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