Inflation expected to stabilise in couple of months: Pranab

March 19, 2012 17:33

Finance Minister Pranab Mukherjee today said inflation will fluctuate for a couple of months and will stabilise after that. "Couple of months there will be fluctuations (in inflation) ... So I do hope that after couple of months it will stabilise," he told reporters after chairing the RBI's Central Board Meeting here.
Mukherjee, however, added that inflation will not come down drastically to 4-4.5 per cent.

"It would be around 6.5 per cent to 7 per cent for the year as a whole, he said. On the food inflation, he said steps have been taken to address the supply constraints of major agricultural products and they are constantly being reviewed.

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