Union Finance Minister Pranab Mukherjee has said that though food inflation has moderated, but it is yet not very well.In an interview with a private news channel, Mr. Mukherjee said that inflation must be brought to acceptable level.He said high inflationary pressure is affecting India's growth rate.He pointed out that in the first two quarters; the GDP of country has been 7.3 per cent.However, he did not expect any substantial improvement in remaining quarters and said perhaps the country's GDP would grow by 7 per cent.