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Rising price of staples fueled India's inflation the most in FY24, says RBI report

By Economic Times - 5 months ago
The surge in food and beverage prices has emerged as a key factor driving India's inflation in the fiscal year 2024, according to the Reserve Bank of India's (RBI) annual report. The report reveals that the contribution of the food and beverages category to overall inflation increased to 60.3 percent for 2023-24, up from 46 percent the previous year.

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