Food price inflation to ease by this fiscal-end: Montek

November 08, 2009 05:55 pm | Updated 05:55 pm IST - New Delhi

Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the food price inflation would come down by the end of the current fiscal.

“Food price inflation by the end of the current fiscal would be significantly lower than what it is right now,” Ahluwalia said while speaking at the India Economic Summit here.

Citing the reason for high food inflation, he said, at the end of a bad monsoon, particularly at this point of time the pressure is on vegetables.

Prices of vegetable are expected to ease in the coming months, he added.

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