RBI Governor is about to change inflation measure

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
Raghuram Rajan, the Reserve Bank of India Governor, is determined to apply consumer-price inflation instead of currently used wholesale-inflation gauge, signaling plausible advance in interest rate. The RBI makes price pressure number one priority as in August consumer based measure climbed 9.2% year-on-year and 8.2% excluding food and fuel. 
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Fri, 27 Sep 2013 10:28:04 GMT

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