Epic Update:RBI rate

[Epicresearch123]

Inflation may moderate in the new year on easing of supply constraints after remaining stubbornly high for the whole of 2012 despite efforts by the government and the Reserve Bank to check rising prices of food items. The wholesale price-based (WPI) inflation hovered over seven per cent through 2012, down from 10 per cent inflation seen in the previous year, reflecting the impact of tight money policy of the RBI.