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Food inflation in negative zone for third consecutive week

Last Updated: Thursday, January 19, 2012, 12:33

Food inflation remained in the negative zone for the third straight week, at (-)0.42 percent for the week ended January 7, mainly due to fall in prices of onion and vegetables.

RBI to consider falling food prices in monetary policy review

Last Updated: Thursday, January 12, 2012, 22:14

The Reserve Bank on Thursday said that it will take into account the declining food prices while taking a view on the monetary policy which comes up for review later in the month.