×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

No let up in inflation concerns

No let up in inflation concerns
Comment E-mail Print Share
First Published: Thu, Aug 11 2011. 11 38 PM IST
Updated: Thu, Aug 11 2011. 11 38 PM IST
Household inflationary expectations remain stubbornly high even after the central bank increased policy rates 11 times since March last year, according to a survey conducted by the Reserve Bank of India (RBI) during April-June quarter. The survey revealed that only 25% of the respondents believe that RBI is taking necessary action to control inflation out of which 51% felt that RBI’s action has an impact on controlling inflation. Analysts said lack of enough faith in monetary policy could be the reason why inflationary expectations are not coming down significantly.
Also See | PDF
Comment E-mail Print Share
First Published: Thu, Aug 11 2011. 11 38 PM IST