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Inflation data a 'big relief': Chidambaram Finance Minister Palaniappan Chidambaram said on Friday a marginal increase in the annual wholesale price inflation rate in late April had come as a major relief, and was not statistically significant. Government data showed on Friday the wholesale price index for the 12 months to April 26 rose to its highest level since Nov. 13, 2004. But the figure had only edged up from the previous week's rise of 7.57 percent. "Inflation going from 7.57 to 7.61 percent is not statistically significant. It has come as a big relief," he told reporters. Chidambaram added the government would take more administrative steps if necessary to tame prices. Inflation likely to come down: Commerce sec Commerce Secretary Gopal K Pillai told a leading news channel that inflation is likely to come down to levels close to 5 per cent by the June.Procurement is likely to exceed targets. We are also making arrangements to bring in more cement from Pakistan. Instead of one goods train a day, five trains will come from Pakistan," Pillai said.