Thursday, July 23, 2009

Inflation Rises

Inflation increased to minus 1.17 per cent for the week ended July 11 from minus 1.21 per cent recorded for the previous week. For the corresponding week in the year-ago period, inflation stood at 12.13 per cent for the week ended July 12, 2008. Food articles became dearer over the previous week. The price of fish-marine went up by 9 per cent and fruit and vegetables became costlier by 3 per cent. Other items that became expensive included copra (3 per cent), raw silk (2 per cent) and aviation turbine fuel (7 per cent).

Source:ptinews.com/news/189485_Inflation-rises-to-minus-1-17-per-cent

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