Inflation may rise to 4.5% by March end
MUMBAI: Inflation could rise to around 4.50% by March end fuelled by firming food and increasing fuel prices, but will not attain alarming proportion, leading economists say. A hike in domestic fuel prices, if effected, could push inflation up further, a few economists said, though none expected it to spiral alarmingly. Inflation, though still benign, has risen by over 1%, from 3.01% in end-November to 4.11%, primarily fuelled by firming food and globally-high fuel prices.