India’s consumer inflation is the fastest among 17
economies in the Asia-Pacific region tracked by Bloomberg.
Reserve Bank of India Governor Duvvuri Subbarao held interest
rates in October, and said last week that while price gains
remain high, he expects they will ease in the January-March
quarter.
Prime Minister Manmohan Singh’s government last week won parliamentary endorsement for its decision to allow foreign direct investment in supermarkets, a move it says can help lower food costs. The central bank meets next week to determine policy.
Vegetable prices climbed 14.74 percent last month from a year earlier, today’s statement showed, while sugar rose 17 percent and pulses gained 14.19 percent.
Pic is from here.
Prime Minister Manmohan Singh’s government last week won parliamentary endorsement for its decision to allow foreign direct investment in supermarkets, a move it says can help lower food costs. The central bank meets next week to determine policy.
Vegetable prices climbed 14.74 percent last month from a year earlier, today’s statement showed, while sugar rose 17 percent and pulses gained 14.19 percent.
Pic is from here.





























