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Update at 1900 hrs (IST)


Macro Economy
Inflation climbs to 12.01%

NEW DELHI: Inflation broke through the psychological 12 per cent level, the highest in over thirteen years, as prices of pulses, spices, eggs, fish and meat among other things continued to rise. The government on Thursday put the inflation for the week ended July 26 at 12.01 per cent, a marginal 0.03 per cent increase over that recorded in the previous week, even as the Finance Ministry said that the rate of price rise was ‘stable’ on a week-on-week basis.

As per the data released today, prices of most of food articles went up, although some items like fruits showed downward trend, whose prices declined by 0.5 per cent. In its statement, the Ministry said out of a total 98 primary articles, prices of 18 h ave declined as compared with the previous week. - PTI


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