“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
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[…] 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% […] […]