When will food prices finally ease for Indian households, and what is keeping them high?
- Economists expect India’s food inflation to rise to around 7% in the coming months as price pressures increase.
- A strong El Niño could hurt crop production, reducing food supplies and pushing prices higher.
- The West Asia conflict is increasing fuel and transport costs, which could make food more expensive.
- Food prices are rising at different rates across categories, making the overall inflation trend harder to predict.
Source: economictimes.indiatimes.com
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