Food inflation to fall in two months: Montek | delhi | Hindustan Times
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Food inflation to fall in two months: Montek

delhi Updated: Mar 08, 2010 15:39 IST

The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, Monday said that food inflation would fall in the next two months.

"I expect food and aggregate inflation to trend down over the next two months," Ahluwalia told reporters in New Delhi.

India's annual food inflation rose to 17.87 per cent for the week ended Feb 20. The government claims that prices have started easing and would fall further following a good winter crop.

Prime Minister Manmohan Singh March 5 admitted in parliament that price rise was a cause for worry and assured the house that all steps were being taken to combat it.