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What is Inflation Trends and Monetary Policy 2013-14 about?

Inflation in India showed signs of moderating in 2013-14, with wholesale price inflation falling to a three-year low of 5.98% and consumer price inflation declining to around 9.49%. However, food inflation remained stubbornly high. The RBI maintained a tight monetary policy stance to bring inflation below its comfort level. High fuel inflation, due to global crude prices and rupee depreciation, also impacted the inflation situation. Going forward, both wholesale and consumer price inflation are expected to

Author

Jayakrishnan Bhargavan

Language

EN