Inflation To Fall To 6-7% By March If Trend Continues : Pranab

Finance Minister Pranab Mukherjee today said headline inflation in the country remains “perilously close” to double digits but is expected to moderate to 6-7 per cent by March if the present declining trend continues.

“So far as inflation is concerned, yes, I do agree headline inflation is still high, perilously close to double-digit inflation,” Mukherjee said at a press conference here today after meeting with the chief ministers of southern states and the CEOs of public sector banks based in the South.

From: http://ping.fm/DkjxZ