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Lower Kharif sowing due to erratic rainfall likely to push inflation up in near term: Report

Lower Kharif sowing due to erratic rainfall likely to push inflation up in near term: Report

Aug 01, 2023, at 02:13 am

New Delhi: Lower rainfall in the eastern and northeastern region has resulted in much lower Kharif sowing this year which is expected to translate into higher inflation in the near term, according to an economic report by Bank of Baroda.