RBI may maintain status quo in June 3 policy review

Jun 01 2014, 11:41 IST
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Food inflation in April stood at 9.66 per cent and retail inflation was at 8.59 per cent. Food inflation in April stood at 9.66 per cent and retail inflation was at 8.59 per cent.
SummaryIMD has indicated a 60 per cent probability of El Nino this year along with a below-normal monsoon.

of commitment to reduce the inflation, both at the WPI and retail level," Assocham president and Yes Bank Managing Director Rana Kapoor said.

Wholesale inflation of food products under manufactured items is under 2 per cent, while items such as sugar, edible oils and cement and lime have shown a negative trend, it said.

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