Rising food costs contribute short-term inflation surge, reaching 43.25%.
The weekly inflation surged by 0.37% for the week ending December 28, primarily propelled by increased prices of essential food items like onions, chicken, sugar, and pulses, as per official data reported by The News on Saturday. The Sensitive Price Indicator (SPI), monitoring prices of 51 crucial items, rose to 43.25% year-on-year, compared to the…