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This is an archive article published on November 4, 2009

Inflation to moderate by year end: Ahluwalia

High food price inflation is a concern but it should moderate by this year end,says Ahluwalia.

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India’s high food price inflation is a concern but it should moderate by the end of this year,the deputy chairman of Planning Commission said on Wednesday.

Montek Singh Ahluwalia also said financial reforms should continue.

India’s wholesale price index rose 1.51 per cent in the 12 months to October 17 but food price index was up 12.85 per cent,latest data showed.

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