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RBI governor says looking beyond headline inflation - CNBC TV18

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Reuters MUMBAI

MUMBAI (Reuters) - The Reserve Bank of India needs to look beyond the country's so far muted headline inflation figures, as it has committed to meeting a 4 percent inflation target, said its Governor Urjit Patel in a television interview on Friday.

Patel, in a CNBC TV18 interview said, disinflation in vegetable prices in the country could be short lived, and added the central bank needs to focus on core inflation that excludes inflation in food and fuel prices.

"We also find commodity prices have firmed up globally," he said, in an initial snippet of the interview that aired early on Friday.

 

(Reporting by Suvashree Choudhury; Editing by Euan Rocha)

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First Published: Feb 17 2017 | 8:31 AM IST

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