New Delhi, September 08: Prime Minister Manmohan Singh today expressed hope that inflation, which is close to the double digit mark, will come down in the coming months.
“Let us hope, it (inflation) will come down in the coming months. I am not an astrologer,” he told reporters here.
The overall inflation stood at 9.97 per cent in July and the figure for the month of August is expected next week. The Wholesale Price Index (WPI) inflation has been over 10 per cent for five straight months till June.
For the week ended August 21, food inflation stood at 10.86 per cent.
When asked about ONGC disinvestment, the Prime Minister said, “it is an ongoing process. I don’t know which company will be divested. We have an able Finance Minister who is dealing with the subject.
–Agencies