P Chidambaram On Consumer Inflation

Congress leader and former finance minister P Chidambaram this morning hit out at the ruling BJP over "sliding economy" after the government data on Monday showed that consumer inflation in December at 7.35 per cent was worst since July 2014. The

Amid concerns over rising cost of onions and other essential commodities, Finance Minister P Chidambaram said on Wednesday that unless supply side constraints are addressed consumer price inflation is not likely to fall.

Inflation may moderate in the New Year on easing of supply constraints after remaining stubbornly high for the whole of 2012 despite efforts by the government and the Reserve Bank to check rising prices of food items.

Congress leader and former finance minister P Chidambaram this morning hit out at the ruling BJP over "sliding economy" after the government data on Monday showed that consumer inflation in December at 7.35 per cent was worst since July 2014. The

Amid concerns over rising cost of onions and other essential commodities, Finance Minister P Chidambaram said on Wednesday that unless supply side constraints are addressed consumer price inflation is not likely to fall.

Inflation may moderate in the New Year on easing of supply constraints after remaining stubbornly high for the whole of 2012 despite efforts by the government and the Reserve Bank to check rising prices of food items.