Measures to cool food inflation will deliver in coming weeks, says Finance Ministry

11/09/2022

Measures to cool food inflation will deliver in coming weeks, says Finance Ministry

The Hindu

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The Finance Ministry late Monday termed the increase in retail inflation from 6.71% in July to 7% in August as ‘moderate’, and attributed it to an adverse base effect and an increase in food and fuel prices, which it called “the transient components” of Consumer Price inflation.