Rising food prices may undo recent respite from inflation

Rising food prices may undo recent respite from inflation

A vendor weighs tomatoes for a customer at a vegetable market in Ahmedabad on July 25, 2023. | Photo Credit: Reuters India’s retail inflation may have spiked close to or over the 6% upper tolerance threshold of the Reserve Bank of India (RBI) in July, owing to a broad-based uptick in food prices, and could … Read more