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India inflation rate rises to 11%

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“Indian inflation has risen to a new 13-year high, hitting shares and weakening the rupee. The wholesale price index rose to 11% in the 12 months to 7 June, up from the previous week’s 8.75%. The inflation rate is now at its highest since 1995.”  - BBC

India inflation rate rises to 11%

Written by Piyush Goel

June 21, 2008 at 5:29 pm

Posted in Business, Finance, India, Social

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  1. [...] Northloop Neighborhoods | Community News & Directory wrote an interesting post today onHere’s a quick excerpt“Indian inflation has risen to a new 13-year high, hitting shares and weakening the rupee. The wholesale price index rose to 11% in the 12 months to 7 June, up from the previous week’s 8.75%. The inflation rate is now at its highest since 1995.”  - BBC India inflation rate rises to 11% […] [...]

    » India inflation rate rises to 11%

    21 Jun 08 at 6:33 pm

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