Monday, October 31, 2011

Supply-side factors driving inflation: Pranab Mukherjee (Reuters)

NEW DELHI (Reuters) ? Inflationary pressures in India are being driven by supply-side factors, Finance Minister Pranab Mukherjee said on Monday, adding he expects inflation to moderate from December.

India's headline inflation has topped 9 percent for nearly a year, prompting its central bank last week to lift its policy lending rate for the 13th time since March 2010.

(Reporting by Manoj Kumar; Editing by Aradhana Aravindan)

Source: http://us.rd.yahoo.com/dailynews/rss/india/*http%3A//news.yahoo.com/s/nm/20111031/india_nm/india602161

roger williams tyler bray tyler bray rashard mendenhall san antonio weather austin box austin box

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.