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Food inflation to moderate by year end - Ahluwalia

Wed Nov 4, 2009 1:28pm IST
 
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NEW DELHI (Reuters) - High food price inflation is a concern but it should moderate by the end of this year, deputy chairman of Planning Commission Montek Singh Ahluwalia said on Wednesday.

Ahluwalia also said financial reforms should continue.

India's wholesale price index rose 1.51 percent in the 12 months to Oct. 17 but food price index was up 12.85 percent, latest data showed.

(Reporting by Tony Munroe and Rajesh Kumar Singh)

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