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Is India exporting food inflation to the world?

2023-08-31 06:16
India is keeping domestic food prices in check with export bans - but what does this mean for the world?
Is India exporting food inflation to the world?

Erratic climate conditions - including the driest August in more than a century - have sent food prices spiralling above 11% in India, which is a major player in global agri-trade.

Just as tomato prices begin cooling down, onions have gotten dearer by a quarter since June in the domestic market...