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Inflation Rate Exceeds 12 Percent in India
    2008-08-07 21:33:09     Xinhua
India's inflation rate surpassed the 12 percent mark to 12.01 percent for the week ending July 26, the official data showed Thursday.

"The rate of inflation for the week ending July 26 stands at 12. 01 percent, marginally higher than the rate of 11.98 percent reported last week," Indian Finance Ministry's statement said.

The Wholesale Price Index (WPI) date released by the Indian Ministry of Commerce and Industry showed an increase in the prices of primary articles by 0.1 percent, while that of non-food articles rose by 0.4 percent, according to the Indo-Asian News Service.

That inflation cracked a new double digit high was due to higher prices of pulses, spices, egg, fish and meat, the Press Trust of India reported.
 
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