Former RBI Governor C Rangarajan today said the inflation, which rose to 3.58 per cent in October, may ease by December and end up below 4 per cent by the end of the current fiscal.

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Rangarajan said he thinks this is the end of the season when prices rise as far as food articles are concerned.

There will be a seasonal decline in food prices by next month.

"Therefore I believe that, now that the monsoon has also been good, the food prices may come down rather than further rise," the former governor of the RBI told

 

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