September 8, 2011 4:10 PM

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Inflation will moderate further after end of festive season: Pranab

Finance Minister Pranab Mukherjee on Thursday expressed hope that inflation will moderate further after the end of the festive season.Reacting to the decline in food inflation for the week ended August 27, Mr Mukherjee said that the government expects headline inflation to moderate by the end of this fiscal. He however said that prices of non-food items continue to be an area of concern.The Finance Minister added that high global fuel prices are also an area of concern.

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