"Most economists pointed out that the near-term CPI would likely be higher due to vegetable prices, but fourth quarter inflation could print in line with the RBI s forecast. The broad feedback was that the RBI should maintain the current stance and the "hawkish" hold for now," the source said.
Rising Food Prices Drive June Retail Inflation to a Three-Month High of 4 81% thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.
A potent mix of heatwaves, heavy rain and supply chain disruptions is driving the prices of several vegetables through the roof. While tomatoes have been making headlines, prices of cauliflower, ginger and even the humble green chilli are very high.
New Delhi: A cause of heatwaves, heavy rainfall, and disruptions in the supply chain has led to soaring prices of various vegetables across the country, media reports said.
4 25%, inflation at 25-month low tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.