Rising core inflation momentum 'disturbing' - Subbarao

India's core inflation momentum is rising, the Reserve Bank of India Governor Duvvuri Subbarao said in a news conference after the central bank's policy review, calling the trend "disturbing."
The central bank left interest rates unchanged earlier in the day, showing that bringing down stubbornly high inflation is its top priority even as economic conditions deteriorate.
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First Published: Jul 31 2012 | 3:41 PM IST

