India's inflation at the consumer level has been high for quite some time now. As today's chart of the day shows, consumer prices in India barely eased in August 2010 as compared to August 2009. Even when you compare inflation in India with that in the other countries, India has jumped ahead by a wide margin. Food prices will have to come down if the overall inflation has to come down. The RBI seems confident of inflation coming down within its comfort zone by the end of this fiscal. One will have to wait and watch.

Data Source: The Economist