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Need to tackle inflation for high growth: RBI

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Reuters Mumbai

Dealing with inflation in India is important to "recreate" high growth, Subir Gokarn, a deputy governor at the Reserve Bank of India, said on Friday.

The country's economic growth slowed to 6.1% in the three months to December, the weakest annual pace in almost three years.

The wholesale price index, India's main gauge of inflation, rose a faster-than-expected 6.95% from a year earlier in February, after a spike in vegetable prices fanned food inflation.

 

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First Published: Mar 30 2012 | 2:08 PM IST

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