Inflation to moderate by year end: Ahluwalia

Published on Wed, Nov 04, 2009 at 14:35 |  Source : Reuters

Updated at Wed, Nov 04, 2009 at 15:14  

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Inflation to moderate by year end: Ahluwalia

By Tony Munroe and Rajesh Kumar Singh

India's high food price inflation is a concern but it should moderate by the end of this year, the Deputy Chairman of Planning Commission, Montek Singh Ahluwalia said on Wednesday. He also said financial reforms should continue. India's wholesale price index rose 1.51% in the 12 months to October 17 but food price index was up 12.85%, latest data showed.

(For more news on Reuters Money visit http://www.reutersmoney.in)

  

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