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Inflation: Spices simmer as rates soar by 40%-80% in Kolkata, Retail News, ET Retail

Inflation: The domestic spice industry is currently grappling with a supply-demand mismatch, driven by a complex web of factors. Factors such as shifting weather patterns, scorching heatwaves, reduced crop yields and surging export demands have disrupted transportation in the aftermath of cyclone Biparjoy and the adverse effects of the ongoing monsoon season have collectively contributed to the current shortage and subsequent price escalation.

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