India's inflation at 14-year high of 11.42 percent
Facebook Twitter google+ RSS Feed

India's inflation at 14-year high of 11.42 percent

Saturday, 28 June 2008, 05:02 Hrs
Printer Print Email Email
New Delhi: India's annual rate of inflation shot up to a 14-year high of 11.42 percent for the week ended June 14 - against the 11.05 percent the week before - due to higher prices of primary articles.

The index for primary articles moved up by 0.2 percent during the week even as the index of non-food articles declined 0.5 percent. Prices of fuels also rose 0.1 percent, while rice and bran oil became dearer by six percent each.

Alarmingly, the final data for the week ended April 19 showed that the annual inflation rate was 8.23 percent, against 7.57 percent reported earlier based on provisional data.
Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT