xcl Tictac: DEA Secy Ajay Seth On CPI Inflation

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Excl tictac: Dea secy Ajay Seth (on CPI inflation):

Inflation due to supply side constraints

Hope in coming months for inflation numbers to go down

Measures are being taken to tackle inflation

Macroeconomic situation stronger than in past

Large part of inflation is due to global events and supply disruptions

Oil, food items supply constraints resulting in inflation

Global tightening of rates is being witnessed

Because of strength of Indian economy situation can well managed
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