Das, while discussing about inflation, said it is moderated but there is no room for complacency. He said the war on inflation is not over. "We have to remain alert, no cause for complacency," he said.
Retail inflation during December 2021 hardened for the third successive month to 5.6 per cent but was lower than the consensus expectation. Food inflation jumped to 4 per cent, from 1.9 per cent in November 2021. Core inflation, though elevated, softened slightly to 6 per cent in December 2021.