April 15, 2013 2:09 PM

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Price situation to improve further in the coming months: Montek Singh Ahluwalia

With inflation declining to below 6 per cent in March after over three years, Planning Commission today exuded confidence that the price situation would improve further in the coming months. Planning Commission's Deputy Chairman Montek Singh Ahluwalia told the reporters in New Delhi the fact that this is the first time in over three years it is below 6 per cent, is very important. Mr Ahluwalia said that monthly numbers can jump around but it has been our view that in a gradual way inflationary pressure is coming down. According to Mr Ahluwalia, inflation behaviour is consistent with what government has been saying that it is slowly coming under control.

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