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Inflation spikes to 11.63 pc on June 21

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Reuters

Posted online: Friday , July 04, 2008 at 10:36:25


Inflation surged to 11.63 per cent for the week ended June 21, up from 11.42 per cent in the previous week, on the back of costlier food items.

The rise has been mainly on account of increase in prices of fruits, vegetables, imported edible oils, tea, sea fish, cement and iron and steel and spices, though the index for fuel items declined during the week.

The wholesale price index-based inflation has continued to rise despite efforts being taken by the government and RBI to tame prices through fiscal and monetary measures.

The inflation was 4.32 per cent a year ago during the corresponding week.

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combo offer from sonia man mohan by indi on 04 Jul 2008

To lure aam aadmi from inflation sonia manmohan combo is playing the game of nuclear deal. Instead of checking inflation, these people are behind nuclear deal. By hook or crook, they want power and nothing else. Shit on these congies, commies and entire upa. Aam aadmi is paying for voting congress to power. hope he has realised his mistake and kick these power hungry born servants congies and upa out of power.

Alternative sorces by Rajat Sharma on 04 Jul 2008

One thing is to look for alternative sources of energy like wind, solar other is to save energy i.e To use power savers etc and ways to reduce the demand of transport could be using public transport, cycle, rickshaw etc

High Inflation by Varinder on 04 Jul 2008

When Rome was burning Nero was laughing. So is the case with PM/Sonia/UPA and Left. While inflation is at peak, prices are skyrocketting, poor and middle class are barely able to survive, the above shameless group is meanouvering "how to stay in power" in the garb of N-Deal. Inflation and high prices are on back burner.

number crunching by Vijay on 04 Jul 2008

In my opinion number crunching is going on. Ordinary people who go for shopping must know what the reality is. I know how prices are galloping.

Inflation rise slow by prasoon on 04 Jul 2008

Seems that government measures have started working. This week rise is only .21 percent compared to last two hikes of .37 and 2.30 per cent

Inflation by Danda on 04 Jul 2008

Please IE, do not bother us with such trivia as inflation, interest rates, slowing growth, poverty, Naxals/maoist/Islamic violence etc we are just on the verge of signing n-deal which will give us 6% electricity in 15 years time. I am going to put wiring in my shanty soon and beat up my wife if she tells me the prices have gone up.

chindburum manipulation....!!! by BABUBHAI PATEL on 04 Jul 2008

o k chindburum,either give us the uncensored figures or wait till august when even MAMMA WILL HAVE TO ADMIT ,OVER 13 % ...!!!!!!

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