Jul 15, 2013, 05.54 PM IST
The Reserve Bank of India will take into consideration the inflation data while making the first quarter monetary policy review later this month, said RBI Governor D Subbarao.
Reserve Bank today said it will take into account the inflation numbers, which rose in June to 4.86 percent after four months of decline, while formulating the first quarter monetary policy review due later this month.
"Of course, we will take into account inflation numbers while framing the policy," RBI Governor D Subbarao told reporters after meeting Finance Minister P Chidambaram and other senior officials.
Also read: June WPI inflation at 4.86%; food inflation up
Chidambaram is also scheduled to participate in the G20 meeting of finance ministers and central bank governors to be held in Moscow on July 19 and 20.
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