India's inflation rises
By Da Yan |
July 15, 2010, Thursday
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Print Edition
Print Edition
INDIA'S inflation rose to 10.6 percent in June as food and fuel prices continued to stay high, government figures showed yesterday.
Surging inflation has caused the country's central bank to raise interest rates three times since March amid a rapid economic rebound from the global recession and been a growing headache for India's government.
Food inflation in June rose 14.6 percent from a year earlier after a jump of 16.5 percent in May. Fuel and power inflation accelerated to 14.3 percent versus 13.1 percent in May.
Surging inflation has caused the country's central bank to raise interest rates three times since March amid a rapid economic rebound from the global recession and been a growing headache for India's government.
Food inflation in June rose 14.6 percent from a year earlier after a jump of 16.5 percent in May. Fuel and power inflation accelerated to 14.3 percent versus 13.1 percent in May.
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