Inflation unchanged at 6.46 pc

New Delhi, Mar 30 (UNI) The annual inflation rate for the week ended March 17 remained unchanged at the past two weeks' level of 6.46 per cent.

The annual inflation rate calculated on a point-to-point basis was 3.69 per cent during the corresponding week of the previous year.

Finance Minister P Chidambaram on Wednesday said the Reserve Bank of India (RBI) should take steps necessary to moderate inflation without affecting growth.

''There was no such thing as an acceptable level of inflation, but the generally accepted tolerance level for inflation was between 4 and 4.5 per cent,'' he said.

UNI