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This Article is From Jun 05, 2013

Inflation not the only variable for monetary policy: RBI

The RBI will look at other variables, and not just the wholesale price-based inflation, when deciding monetary policy at its review on June 17, Deputy Governor K. C. Chakrabarty said on Wednesday.

The RBI will look at other variables, and not just the wholesale price-based inflation, when deciding monetary policy at its review on June 17, Deputy Governor K. C. Chakrabarty said on Wednesday.

Although the Reserve Bank of India's main gauge of inflation remains wholesale prices, the central bank is also increasingly looking at consumer inflation and other variables such as the current account deficit when determining policy.


Copyright Thomson Reuters 2012

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