Inflation will be ‘very low’ from July: Basu

Inflation will be ‘very low’ from July: Basu
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First Published: Tue, Apr 13 2010. 10 31 PM IST
Updated: Tue, Apr 13 2010. 10 31 PM IST
Mumbai: Inflation will be on a downward trend in April-June and will be “very low” from July, Kaushik Basu, chief economic adviser to the finance ministry, said on Tuesday.
But the Reserve Bank of India may act if it is faster than estimated, he added.
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First Published: Tue, Apr 13 2010. 10 31 PM IST