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Inflation eases, rate rise pressures remain
Monday, June 18, 2007
in.today.reuters.com ( Finance  )
Indian wholesale price inflation eased to its lowest in 10 months, holding within the Reserve Bank of India's comfort zone, but analysts said strong industrial growth meant the central bank would remain vigilant.The widely tracked wholesale price index rose 4.80 percent in the 12 months to June 2, slowing from 4.85 percent a week earlier and well below a two-year high of 6.69 percent in January.

Tags : Inflation  RBI  Wholesale-Price-Index 
Read More | Submitted by : autumn


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