Inflation hovers above 11%
The
wholesale price index rose 11.42% in 12 months to 14 June 2008, above
the previous week's annual rise of 11.05%, government data released
today, 27 June 2008, afternoon showed. It was the highest reading in
more than 13 years.
Inflation for the year through 19 April 2008 was revised upwards to 8.23% from 7.57%.
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