Saturday, March 17, 2007

Despite govt efforts inflation to remain: Citigroup

Inflation will continue to pinch consumers' pockets till May, by when the government's measures to bring down prices are expected to take effect in a wholesome way, analysts believe.

The rate of price rise soared to 6.46 per cent in the week ended March 3, primarily due to rise in vegetable and cement prices, the latest government data shows.

Read more at Financial Express