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Softening Veggies Cool Down Retail Inflation To 9.87%

PUBLISHED BY: SURENDER KUMAR
JANUARY 15, 2014

   
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Retail inflation in December eased to a 3-month low of 9.87 %, courtsey a moderation in vegetable prices, raising hopes of the Reserve Bank keping key policy rates untouched at next review. The RBI has indicated that it may look at consumer inflation as a measure for inflation management. Currently, the central bank is guided mainly by the changes in wholesale price index.


 

 

 

The moderation in retail inflation comes on the back of softening food price rises.



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