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Inflation still unacceptably high: Mukherjee
Pranab Mukherjee speaks during a news conference in New Delhi June 27, 2008.
Credit: Reuters/B Mathur/Files
NEW DELHI |
NEW DELHI (Reuters) - India's headline inflation is still unacceptably high but will hopefully moderate, Finance Minister Pranab Mukherjee said on Tuesday.
India's wholesale price index (WPI) rose a slower-than-expected 6.55 percent in January from a year earlier, government data showed on Tuesday.
Analysts, on average, had expected an annual rise of 6.60 percent, a Reuters poll showed.
(Reporting by Arup Roychoudhury; editing by Aradhana Aravindan)
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