Pricey food, crude oil may have caused inflation
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Pricey food, crude oil may have caused inflation

Mumbai : India | Jun 25, 2012 at 10:52 AM PDT
Source: The Economic Times
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Rise in food and crude oil prices could have contributed to high in inflation in past two years despite tight monetary policy, says a RBI working paper. "Despite the monetary tightening by the RBI during 2010 and 2011, inflation remained high and this could be attributed to the structural component... FULL ARTICLE AT The Economic Times
 
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