Inflation unchanged at 6.09 pc

By Staff
|
Google Oneindia News

New Delhi, Apr 27 (UNI) The headline inflation remained unaltered for the week ended April 14, at 6.09 per cent.

The annual rate of inflation stood at 3.70 per cent during the corresponding week a year ago, official data showed here today.

Finance minister P Chidambaram had earlier said that the Reserve Bank's annual monetary policy would moderate inflation without hurting growth, while providing relief to small housing loan borrowers.

''We must moderate inflation without affecting growth. Both are important - moderate inflation and high growth. And I think what RBI's annual monetary policy is broadly in line with government's thinking. These steps would moderate inflation without affecting growth,'' he said.

He said the desired inflation projection of RBI at 4.5 per cent was aggressive.

UNI

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