India's retail inflation still remains high despite the wholesale price-led inflation cooling off, Reserve Bank of India (RBI) Governor D Subbarao said on Friday.
He was speaking at an academic institution in Hyderabad.
India's consumer price-led inflation was 9.39 per cent in April, while the annual wholesale price-led inflation slipped below the crucial 5 per cent threshold to 4.89 per cent, also in April.
Dr Subbarao also said that there were several upside risk factors to inflation and the RBI has to remain sensitive to these.
Copyright: Thomson Reuters 2013
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