Sep 3, 2008

Inflation at 12.4% for year through 16 August 2008

Inflation at 12.4% for year through 16 August 2008


Inflation
based on the wholesale price index rose 12.40% in 12 months to 16
August 2008, below the previous week's annual rise of 12.63% due to
lower prices of some minerals and fuels, government data released
today, 28 August 2008, showed.

Inflation for the week ended 21 June 2008 was revised upwards to 11.91% from 11.63%.

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