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Июль
2023

Soaring tomato prices may sour RBI's inflation forecast

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Rising tomato prices in India could threaten the Reserve Bank's headline inflation forecast, according to research by its Development Research Group. The study recommended better supply-chain management to ensure price stability. While tomato, onion and potato comprise only a small portion of the Consumer Price Index basket, they are responsible for a significant portion of headline inflation, the study found.



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