India’s Food Inflation Slows as Monsoon Rains Boost Planting
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India’s food inflation slowed as monsoon rains boosted sowing of lentils and rice.
An index measuring wholesale prices of agricultural products compiled by the commerce ministry rose 10.35 percent from a year earlier in the week ended Aug. 7, according to a statement released in New Delhi today. It gained 11.40 percent the previous week.