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Russia has announced that it is pulling out of a UN-brokered deal that ensured the security of Ukrainian grain exports through the Black Sea. Monday's development once again raises fears of global food supplies shortage and price rise.
Russia has announced that it is pulling out of a UN-brokered deal that ensured the security of Ukrainian grain exports through the Black Sea. Monday's development once again raises fears about global food supplies and price increases.
While food inflation has gone up in India, core inflation is lower, while in the US the chances of an Immaculate Disinflation have improved, propelling markets higherÂ
Unseasonal rains, the resulting disruption in transportation and supply chains have affected the prices of a number of vegetables. Tomato prices are expected to touch Rs 300 a kg, but the government’s July 12 directive might provide some respite.