Friday, August 15, 2008

Inflation at a new 13-yr high of 12.44%

Surging fruit and fuel prices pushed up the wholesale price index (WPI)-based inflation to a new 13-year-high of 12.44 per cent for the week ended August 2, even as the central bank has adopted monetary tightening measures and the central government is pursuing policies to control the prices of key products.

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