Friday, April 25, 2008

Inflation rises to 7.33%

Inflation rate grew by a faster 7.33 per cent in the week ended April 12 from 7.14 per cent in the previous week, on higher prices of food items, including jaggery and fish. The price rise is expected to prompt Reserve Bank of India (RBI) to further tighten money supply in its annual credit policy slated to be announced on April 29.

Resources- Economictimes.com

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