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RBI will consider inflation data for policy review: Subbarao

July 15, 2013 18:24 IST
By Manoj Kumar

The Reserve Bank of India (RBI) will take into account the inflation figures while reviewing its monetary policy later this month, the central bank governor said on Monday.

"Of course we will take into account inflation numbers.

Beyond that I have no comment," Duvvuri Subbarao told reporters after a meeting with Finance Minister P. Chidambaram.

The bank is due to review the monetary policy on July 30.

Earlier, government data showed the headline inflation -- measured by the wholesale price index -- quickened to 4.86 percent in June, snapping a four-month easing trend.

Manoj Kumar in Mumbai
Source: REUTERS
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