The Communist Party of India (CPI) demanded dismissal of P Chidambaram from the post of Union Finance Minister on Friday, saying the inflation has reached about 12 per cent proving all his measures a total failure."We want his (Chidambaram) immediate ouster", CPI General Secretary A B Bardhan told reporters at the Raipur Press Club.Steep increases in prices of all commodities like now have never been seen in the past eight to ten years, pushing a common man in real difficult situation, he said.Now the inflation has crossed 11 per cent and will go up further after the recent increase in prices of petroleum products, said Bardhan adding the CPI and other Left parties had earlier warned the Centre of such a situation."All fiscal and monetary measures of Chidambaram have totally failed and he has proved to be a failure," said the CPI leader."Chidambaram should do some self-introspection, whether he had any utility in the government and the government should also think on the same line." The CPI leader also said that inflation will be a prime issue in forthcoming general and assembly elections as the hike in petrol prices has never helped a common man."Instead of controlling inflation, the UPA government is giving priority to the Indo-US nuclear civilian deal. This is totally wrong as the Centre is ignoring the issues and problems of the people," he said. Bardhan questioned why the issue of food security is being ignored and energy security is been given too much importance.