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Tag: Rising food prices

Rising food prices may undo recent respite from inflation

Posted on August 6, 2023 By admin
Rising food prices may undo recent respite from inflation

A vendor weighs tomatoes for a customer at a vegetable market in Ahmedabad on July 25, 2023. | Photo Credit: Reuters India’s retail inflation may have spiked close to or over the 6% upper tolerance threshold of the Reserve Bank of India (RBI) in July, owing to a broad-based uptick in food prices, and could…

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