Inflation way above RBI's comfort level: Subbarao
Reuters/Mumbai 16 Jul 12 | 06:30 PM
India's headline as well as consumer price inflation is way above the Reserve Bank of India's comfort level, the central bank Governor Duvvuri Subbarao said on Monday.
India's wholesale price index, the main inflation gauge, rose at lower-than-expected annual 7.25 percent in June, its slowest rise since January, helped by moderation in fuel prices.
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