Govt, RBI Working To Tame Inflation: FM

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>The government is working with the Reserve Bank of India (RBI) to bring down inflation, finance minister Pranab Mukherjee said in a statement on Thursday.<br><br>Mukherjee also said that June inflation data was a matter of concern and he was monitoring the price situation closely.<br><br>The wholesale price index (WPI) rose an annual 9.44 per cent in June, driven by higher manufactured goods and fuel prices, government data showed.<br><br>The market expects the RBI to raise key rates by 25 basis points at a scheduled policy review on July 26.<br><br>(Reuters)</p>