Despite a slew of measures and precautionary steps taken by the
government to curtail the spiralling inflation, efforts do not seem to
be yielding concrete results. Making life difficult for the common
man, inflation on Friday soared to 7.57 % – the highest in 42
months. The hike in the rate of inflation from 7.33% to the current
one has largely been due to the climb by 0.3% in the Wholesale
Price Index of essential commodities such as rice, milk, tea,
vegetables and some manufactured products.