During monsoon, there is a spike in vegetable prices. It is usually the highest level of inflation in the entire year. We have touched only 3.24 per cent. It is very reasonable and modest against the double digit inflation seen during the earlier UPA rule. In the last one year, consistently inflation is under 4 per cent target of the Reserve Bank of India's monetary policy committee,

Arun Jaitley, 8 months
Jump in WPI inflation in August modest, well below target: Arun Jaitley