Deputy Chairman of Planning Commission Montek Singh Ahluwalia today said that the overall inflation will come down to seven per cent by next month.Stating that inflation was a serious problem and the government is aware of it, Ahluwalia said the high food inflation was a seasonal spike and would come down.Talking to newsmen in New Delhi, Ahluwalia said once the new crop is available in the market, food inflation will come down.He said all the emerging markets in the world are experiencing price pressure and the situation is not unique to India.
News On AIR | February 4, 2011 7:42 PM
Overall inflation will come down to 7% by next month: ontek