Inflation to be at 7% by March-end

The finance ministry has said it expects inflation to come to 7 per cent by end-March,2012 from the current levels of over 9.7 per cent.

Written by Express News Service
New Delhi | October 18, 2011 01:21 AM IST

1 min read

The finance ministry has said it expects inflation to come to 7 per cent by end-March,2012 from the current levels of over 9.7 per cent. I expect around 7 per cent (inflation) by March-end. It (current inflation) is too high from comfort level, economic affairs secretary R Gopalan said. Overall inflation increased to 9.72 per cent in September from 8.98 per cent last year,as prices of food and manufactured items continued to escalate.