Monday, June 14, 2010

Inflation up at 10.6%

NEW DELHI: Indian inflation broke into double figures in May, hitting 10.16 percent over 12 months from 9.59 percent in April, official data showed on Monday.



The headline wholesale price index figure, likely to add to pressure on the government to control price increases, was above the 9.59-percent median forecast by analysts polled by Dow Jones Newswires.



The government also revised the inflation rate for March to 11.04 percent year on year from a provisional 9.9 percent.



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