Inflation higher than our comfort: RBI's Raghuram Rajan

Written By Unknown on Kamis, 12 Desember 2013 | 23.07

Reserve Bank of India Governor Raghuram Rajan on Thursday said the economy was weaker than the central bank would like, but added inflation was also higher than what it was comfortable with .

Rajan added the central bank would take all data into account, noting wholesale price inflation data due was due out on Monday, although he also said at one point during a media briefing that the RBI was "very uncomfortable" with the current level of inflation.

"We will analyse all data. Clearly growth is weaker than we would like, inflation is higher than we would like," Rajan told reporters at the conclusion of the RBI's board meeting in the eastern city of Kolkata.

"In a situation where you have high inflation and low growth you have to calibrate policy carefully," he added. "There are some trade-offs that we have to make," he said.

Rajan addressed reporters after data earlier showed sharply higher food prices drove India's annual consumer price inflation to a higher-than-expected 11.24 percent in November from 10.17 percent in October.



Anda sedang membaca artikel tentang

Inflation higher than our comfort: RBI's Raghuram Rajan

Dengan url

https://mimumanbersoda.blogspot.com/2013/12/inflation-higher-than-our-comfort-rbis.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Inflation higher than our comfort: RBI's Raghuram Rajan

namun jangan lupa untuk meletakkan link

Inflation higher than our comfort: RBI's Raghuram Rajan

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger