Profit

Inflation inches higher to 11.63%

PUBLISHED ON: July 4, 2008 | Duration: 2 min, 26 sec

  
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Driven by higher prices of fruits and vegetable, cereals and some manufactured items such as iron and steel and edible oil, inflation grew to a new 13-year high of 11.63 per cent. During the week ending June 21, inflation moved up by 0.21 per cent from 11.42 per cent in the previous week and 4.32 per cent in the corresponding week a year ago.
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