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Experts on the effects of rising prices and inflation in the food business

By IANS | Updated: September 2, 2022 11:50 IST

New Delhi, Sep 2 The country's economy battles with inflation, and food prices have skyrocketed. For instance, edible ...

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New Delhi, Sep 2 The country's economy battles with inflation, and food prices have skyrocketed. For instance, edible oils and wheat, along with other food essentials, have seen price spikes that are already burning a hole in customers' wallets.

"Earlier, food inflation was influenced by many factors such as rising rural wages, higher minimum support prices, and a narrowing output gap. Moreover, low demand, low global prices, the muted effects of higher minimum support prices

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