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Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards: UBI report

By Economic Times - 2 months ago
Food inflation in India is expected to decrease further in the coming months due to a progressing Southwest monsoon and sufficient water in reservoirs. Kharif crop sowing has increased, with paddy, pulses, oilseeds, millets, and sugarcane showing higher year-on-year growth. However, uneven spatial distribution of rainfall remains a concern.

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