India’s food inflation warning: Grains, sugar and protein prices climb
- Weak monsoon rains and severe El Niño conditions are threatening India’s winter crop yields.
- Food inflation rose to 7.74% in September, while overall retail inflation reached 5.54%.
- • Rising feed, transport and energy costs are making chicken, milk and eggs more expensive.
- Economists warn food inflation could approach 10% in the October-December quarter, squeezing household budgets.
Source: profit.pakistantoday.com.pk
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