If FM doesn't see 'red' now, she does not represent average family: Chidambaram on retail inflation
The HinduSenior Congress leader P. Chidambaram on September 13 attacked Finance Minister Nirmala Sitharaman over retail inflation rising to 7%, saying if she doesn't see "red" even now, it can be concluded that she does not represent the average family in India. After declining for three months, retail inflation rose to 7% in August due to higher food prices. "If the Honourable FM doesn't see 'red' even now, we can only conclude that she does not represent the average family in India," the former finance minister said. Food inflation is 7.62 per cent If the Honourable FM doesn't see "red" even now, we can only conclude that she does not represent the average family in India — P. Chidambaram September 13, 2022 The Consumer Price Index based inflation, which is factored in by RBI while deciding the monetary policy, has remained above the central bank's comfort level of 6% for eight months in a row.
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