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analysts believe a rate by the Indian Central Bank, India's inflation rate is now likely to 8.9% by 8.3% increased in February, driven by fuel and production costs, the Government has announced higher.Also, the January inflation rate was 9.35% from 8.23% corrected upwards.
Earlier this week the International Monetary Fund (IMF) about the inflation warned building in fast-growing economies of Asia.
The body said "Boom-like Dynamics" not may be, except get control.
The Reserve Bank of India has raised its key interest rate eight times since March 2010.
The cost of borrowing currently is 6.75 %
Analysts believe, a further rate rise by the Indian Central Bank is now likely.
"It seems that inflation has changed guiding curve." "The expected decline in inflation just does not happen and looks like we have underestimated the underlying pressure on prices," said Ashutosh Datar, an economist at IIFL in Mumbai.
"Further monetary tightening is inevitable after today's data and 50 basis points in May will strengthen the case for a hike," he added.
Rising raw material prices push up the inflation rate in the world.
On Friday, China has shown that prices increased in March compared with the previous year by 5.4%. This was 4.9% in February.
The rate of inflation rose to 2.7% in the euro area and the United States.
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