Thursday, June 17, 2010

Food, fuel inflation ease in early June

Did you see this?:

Food and fuel price inflation eased in early June, easing pressure on the RBI to speed up its process of tightening monetary policy.
And this:
Food inflation continued to hold out above 16% for the eight straight week ending June 5, prompting the RBI to say it could increase interest rates to arrest price-line ahead of a scheduled policy review next month.
As well as:
Food price index rose 16.12 per cent in the year to June 5, while the fuel price index climbed 13.18 per cent, government data released on Thursday showed. original. Blog for qw3tdan

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