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India inflation may stay at Jan level for now - Rangarajan
A fruit seller arranges bananas at his stall along a road in Jammu November 3, 2011.
Credit: Reuters/Mukesh Gupta/Files
NEW DELHI |
NEW DELHI (Reuters) - Indian headline inflation, which eased to 6.55 percent in January, may remain at current levels for at least several months, C. Rangarajan, chairman of Prime Minister Manmohan Singh's Economic Advisory Council said.
The government may consider reviewing diesel prices once inflation moderates to comfortable levels, he told CNBC-TV18.
(Reporting by Manoj Kumar; Editing by Ted Kerr)
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