The Deputy Chairman of the Planning Commission today said that it will have a re-look on its inflation forecast. The Plan panel had forecast a 6% inflation by December end. Talking to reporters in New Delhi, Mr. Montek Singh Ahluwalia said that he will have to take a closer look at the new Whole Sale price index, WPI, unveiled today. Justifying the change in the base year of WPI, he said it gives the real composition of consumption.
News On AIR | September 14, 2010 5:52 PM
Planning Commission to have a re-look on inflation forecast