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Inflation may stay elevated in coming months, says finance ministry

Business Standard


The finance ministry has cautioned that global and regional uncertainties and domestic disruptions may keep inflationary pressures elevated in the coming months, warranting “greater vigilance” by the government and the Reserve Bank of India (RBI).  

 


“Russia’s decision to terminate the Black Sea grain deal, along with dry conditions in major wheat-growing areas, caused a price spike in cereals. Domestic factors…


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