Finance ministry says prices of 12 primary articles down compared to previous week

Finance ministry says prices of 12 primary articles down compared to previous week

Finance
ministry today said the latest inflation data showed some stability in
the prices of some essential commodities. The annual inflation rate for
30 commodities stood at 5.98% in the week ending 28 June 2008, compared
to previous week?s 5.89%, it said.

The ministry also pointed out that prices of 12 articles in the primary articles group had declined from the previous week.

Data
released earlier by the government earlier in the day today showed that
inflation based on the wholesale price index rose 11.89% in 12 months
to 28 June 2008, the highest in more than 13 years.