Inflation soars to 5-month high of 4.11%
A SPIKE in the price of food items pushed up wholesale price inflation to a five-month high of 4.11% in the week ended January 26. It stood at 3.93% in the week before. Inflation was ruling at 6.69% in the same period a year ago. The wholesale price index rose 0.2% to 217.6 points from 217.1 in the previous week, an official release said on Friday. Meanwhile, the provisional figure for the week ended December 1 has been revised to 3.89% from 3.75%. Inflation is fuelled mainly by a rise in food articles such as maize, moong, wheat, condiments and spices and bajra.