Web Analytics Business News This Week Food Inflation in India drops to 1.81 | Business News This Week

Dec 23, 2011

Food Inflation in India drops to 1.81

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Business News: Food inflation in India dropped to 1.81 per cent for the week ended on December 10, the lowest since last four years. The fall in food inflation is a welcome sign for the government and Reserve Bank of India.

The RBI will review its monetary policy on January 24 and the fall in food inflation may help the apex bank to decide about the key interest rates. It is believed that the moderation in the food inflation in India would help the economy in many ways.

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