Food prices increased by 2.5% , continuing a rise from 2.7% in June. Persistent high food prices are building underlying inflation pressur...
Food prices increased by 2.5%, continuing a rise from 2.7% in June.
Persistent high food prices are building underlying inflation pressures
Significant price increases in vegetables continued, contributing to high food inflation.
Persistent food inflation is affecting general inflation expectations, leading to higher costs, service charges, and output prices.
The Reserve Bank of India (RBI) is using monetary policy to manage these pressures.
While overall CPI inflation has moderated, high food prices and their impact on core inflation and general cost levels remain significant concerns for India's economy
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