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Food Inflation on Downtrend: Arvind Subramanian

Food Inflation on Downtrend: Arvind Subramanian

Indian food-price inflation is on a downtrend due to a fall in global commodity prices and slower growth in rural wages, finance ministry's economic adviser Arvind Subramanian said on Monday.

Retail food price inflation was 6.06 per cent in January, official data showed last month.

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