Inflation & Prices
India Sees Inflation Abating Soon After Deploying Its ‘Toolkit’
- Finance Secretary says the spike in prices is transitory
- Price gains will fall in RBI’s 2%-6% target range: Somanathan
A truck with sacks of goods at a wholesale market in Ahmedabad, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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India’s inflation should abate in the coming months as policymakers are taking every possible step to cool down soaring prices, according to a top Finance Ministry official.