Double-digit inflation is likely to continue for a few more weeks before government efforts kick in to ease the rate of price rise, Finance Minister P Chidambaram has said.
Ahead of new inflation data to be released on Friday, he told a television channel that he cannot guess the inflation figure, but "will remain in double digit for some more weeks."
"I don't know. I can't guess the figure," Chidambaram told Karan Thapar in an interview for the Devil's Advocate programme to be telecast on CNN-IBN.
He, however, disagreed with a suggestion that inflation could spoil the United Progressive Alliance's chances in the upcoming general elections.
"Well, that's a premature conclusion. We will be defensive on inflation. All politics is about communication; we must communicate to the people why prices are high and efforts we are taking to moderate it," he said.
Inflation touched a