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Just In: February inflation increases modestly to 6.84%

14 Mar 2013 Evaluate

Deviating from the decelerating trend of the last four months, India's main inflation gauge, has moved higher to 6.84% for the month of February as compared to 6.62% (Provisional) for the previous month of January. December inflation figures too have been revised upward to 7.31% from 7.18%.

Meanwhile, the Reserve Bank of India (RBI) governor Duvvuri  Subbarao has said that India's inflation still remains high and stubborn and must come down to a 4-6% range.