New Delhi: Containing inflation is high on the government`s agenda and it is monitoring the price situation, Finance Minister Pranab Mukherjee said on Friday.
"The government is monitoring price situation on regular basis and containment of inflation is high on its agenda," Mukherjee said in a written reply to a lawmaker`s question.
The minister’s response comes a day after the government data showed that food prices surged an annual 20 percent in early December.
It is due to supply shortages, the minister said referring to the high food inflation.
Rising food prices have contributed to a faster-than-expected 4.78 percent increase in the wholesale price index in November.