New Delhi: Indian inflation will remain steady in coming months, despite short-term rises in the prices of certain food items, Finance Minister Nirmala Sitharaman tells the Economic Times newspaper in an interview. Food price inflation rose to 11.5% in July, its highest in more than 3 1/2 years, while India is set to receive its sparsest monsoon rains in eight years, adding to Prime Minister Narendra Modi's woes in an election year. But economic growth was likely to be robust at least until the end of the year as India heads into the festive season, when spending typically picks up, Sitharaman said in the interview published yesterday.
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