Business Standard

Finance Ministry says consumer inflation likely to stay muted

Image

The Monthly Economic Review (MER), prepared by the Economic Affairs Department, Ministry of Finance, has highlighted that recent softness in food prices will likely keep a check on domestic consumer price inflation. It noted that while replenished reservoir levels and higher kharif sowing acreage augur well for food price outlook, the effect of the skewed spatial distribution of the monsoon warrants monitoring.

Powered by Capital Market - Live News

Click here to connect with us on WhatsApp

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 27 2024 | 11:59 AM IST

Explore News