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Prices of some commodities stabilising: finance ministry

Prices of some commodities stabilising: finance ministry
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First Published: Fri, Jul 11 2008. 02 56 PM IST
Updated: Fri, Jul 11 2008. 02 56 PM IST
New Delhi: The finance ministry has said inflation data out on 11 July shows some stability in the prices of some essential commodities.
The annual inflation rate for 30 commodities stood at 5.98% in the week ending 28 June, the ministry said in a statement said, adding the previous week the comparable rate was 5.89%.
It also said prices of 12 articles in the primary articles group had declined from the previous week.
The statement was released shortly after data showed annual inflation rose to 11.89% on 12 June, its highest in more than 13 years.
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First Published: Fri, Jul 11 2008. 02 56 PM IST