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RBI may review inflation target in credit policy

With the wholesale price index falling below zero per cent, Reserve Bank today said the inflation target may be reviewed in the forthcoming credit policy.

RBI may review inflation target in credit policy

With the wholesale price index falling below zero per cent, Reserve Bank today said the inflation target may be reviewed in the forthcoming credit policy in July.
    
Indicating this, RBI Governor D Subbarao also voiced concern over firming up of oil and primary article prices.
    
Inflation slipped to the sub-zero level, first time in 30 years, at minus 1.61 per cent for the week week ended June 6, causing a flutter among industry and economists.

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