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Food inflation likely to go up to 2% in FY20: Report

Updated : March 25, 2019 03:52 PM IST

It can be noted that the low food prices have been one of the prime factors which has aided the RBI to be more accommodatory in its rate setting recently.
In the report, foreign brokerage Goldman Sachs attributed the low food prices in the last few months to the prices of cereals and vegetables which have been low for some time.
Food inflation likely to go up to 2% in FY20: Report

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