Inflation rises to 8.1 percent

May 30th, 2008 - 1:31 pm ICT by admin  

A file-photo of P. Chidambaram

New Delhi, May 30 (IANS) India’s inflation rate has surged to 8.1 percent for the week ending May 17 from 7.83 percent the previous week. Announcing the figure here Friday, Finance Minister P. Chidambaram expressed confidence that the government would be able to soon rein the inflation in.

“It is worrisome, but we are confident of gaining mastery over inflation,” he said.

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