Friday, June 13, 2008

Inflation in India hits 7-year high at end-May

(NEW DELHI) Indian inflation raced to its highest in seven years at the end of May and could top 10 per cent this month as higher fuel prices feed in, stoking speculation of more central bank tightening after this week's rate hike.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,283572,00.html?

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