Inflation at 7.61 - Yet another 42 month high
May 11th, 2008
Inflation remains at 42-month high. Inflation for week ended April 26 stood at 7.61% Vs 7.57%. For March 1, inflation is revised to 6.21% Vs 5.11% (Prov).WPI for all commodities stood at 227.7, up 0.1%. April 26 WPI is up on rise in food prices. Tea prices for week ended April 26 is up 11%.Mr P Chidambaram is still saying that Inflation is at stable level ,I Dont understand not sure what measure they have taken to control the raise of commodity prices.
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