Inflation up to 6.46pc

Saturday, March 17, 2007, 13:57 [IST]

New Delhi, Mar 16 (UNI) The headline inflation rate further rose to 6.46 per cent for the week ended March 3, from 6.10 per cent in the previous week due to costlier fuel and some manufactured products.

The annual inflation rate calculated on a point-to-point basis was 3.86 per cent during the corresponding week of the previous year.

The Reserve Bank of India (RBI) said it would take all possible monetary measures to keep the price rise under control.

''RBI would take all possible monetary actions to maintain price stability and will respond swiftly to bring down inflation,'' RBI Deputy Governor Rakesh Mohan told an investors' seminar in Mumbai on Wednesday.

UNI

Topics: ECONOMY-INFLATION

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