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    HomeNewsBusinessEconomyFood inflation seen easing to 8% by end-March

    Food inflation seen easing to 8% by end-March

    The prospect of a good winter harvest is likely to bring down food inflation in India to about 8% by end-March, a senior government adviser said on Monday.

    April 04, 2011 / 16:05 IST

    The prospect of a good winter harvest is likely to bring down food inflation in India to about 8% by end-March, a senior government adviser said on Monday.


    Planning Commission member Abhijit Sen also said private traders should be allowed to export wheat with a small duty.


    India's granaries are overflowing with stocks of wheat but prices have stayed high with wholesale price inflation , the main gauge of prices in the country, unexpectedly quickening to 8.31% in February.

    Food inflation stood at 9.5% in the year to March 19, data showed last week.

    first published: Apr 4, 2011 01:34 pm

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