Inflation stood at over four per cent in the year-ago period.
The point-to-point Wholesale Price Index inflation rose by 0.21 per cent from the previous week's level of 5.05 per cent despite cheaper non-food items and edible oils.
However, markets fear inflation could rise further if the oil public sector undertakings raise prices of petrol and particularly diesel, which forms the bulk of the transportation costs in the country.