Reserve Bank of India: Inflation is under control.
Reserve Bank of India: Inflation is under control. The Financial Express reported that though prices have risen by 5.26% in the week ended October 14, the Reserve Bank of India (RBI) maintains that inflation has been kept under control in the 5%-5.5% range in H1/2006-07. In its mid-term review released on Monday, RBI said that although inflation has been contained, there are concerns over persisting inflationary pressures. Title: India, WPI Oct 21 Items 14-Oct-06 21-Oct-06 % Change over previous week WPI 208.2 208.4 0.1% Primary Articles 212.4 212.9 0.2% Food Articles' group 216.1 217.1 0.5% Non-Food Articles 186.3 186.1 -0.1% Source: Government of India