Inflation remains a major concern in the Indian economic scenario. The Government has been under constant pressure for its failure to control prices of food and other items.
The Wholesale Price Index (WPI) figures for primary and food articles released today, peg food inflation at 9.55% for the period that ended on 27-Aug-2011, while the inflation of primary articles stands at 13.34%.
Talking to reports in New Delhi, Finance Minister Pranab Mukherjee said that food prices were expected to fluctuate during the forth-coming festive season after which he said there will be a moderating influence.
So, as far as the common man is concerned, the minister has acknowledged that there is no relief round the corner.
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