India inflation at 5-year high

In more than five years, the annual inflation of India's retail sector has been accelerating to its highest level, fuelled by the rising food and oil prices.

The 7,35% increase in inflation in December adds to Prime Minister Narendra Modi's difficulties in trying to re-invigorate sluggish economic growth.

In December, retail food price rose by 14.12 percent from a year earlier, compared with 10.01 percent in Novembe....