Sep 4, 2008

Inflation at highest level in more than 13 years

Inflation at highest level in more than 13 years


Inflation
based on the wholesale price index rose 11.89% in 12 months to 28 June
2008, above the previous week's annual rise of 11.63%, government data
released today, 11 July 2008, afternoon showed. It was the reading
since annual numbers in the current series became available in April
1995.

Inflation for the year through 3 May 2008 was revised upwards to 8.73% from 7.83%.

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