Monday, April 26, 2010

RBI chief sees inflation worries

Rising prices for food, assets including property, and some wages are all contributing to inflationary pressure that is a worry in India's otherwise good post-crisis economic prospects, Reserve Bank of India Governor Duvvuri Subbarao said on Monday. "All these numbers show that demand-side pressures are building up," Subbarao said in a speech to the Peterson Institute for International Economics think tank in Washington.

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