Ashima Goyal expects core retail inflation to ease going ahead

Monetary Policy Committee (MPC) member Ashima Goyal expects core consumer price index (CPI) based inflation to ease in near future, reported Economic Times. Core inflation is calculated by largely excluding volatile components of food and fuel. Referring to certain products that have linkages with oil prices such as transport and telecommunications, Goyal stated that with softening of crude oil prices, the share of these component would also come down. This would further help in cooling inflation.