India’s inflation rate at three-year high

April 4th, 2008 - 1:51 pm ICT by admin  

New Delhi, April 4 (IANS) India’s annual rate of inflation climbed to a three-year high of seven percent for the week ended March 22, from 6.68 percent for the week before, due to higher prices of essential commodities. The inflation rate based on wholesale price index was ruling at a 13-month high during the previous week, as per data released by the commerce and industry ministry Friday.

Tags: , , , , , , , , , ,

Posted in Business |