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inflation: September rains in agricultural regions a good omen for cooling inflation

September rains in key agricultural regions have raised hopes of easing food inflation in India. The higher precipitation has benefited the major crops, rice and soya bean, which have seen an increase in the area sown. The paddy sowing area has increased by 2.7% on-year, while soya bean acreage has risen by 1.3%. The rainfall is expected to continue until September 21, and if it persists, experts believe there will not be a significant difference in crop size compared to last year. However, the final harvest will determine the impact on inflation. ....

Uttar Pradesh , Madan Sabnavis , Paras Jasrai , Amaresh Kumar Nayek , Soybean Processors Association , National Rice Research Institute , Indian Meteorological Department , Rice Research , West Bengal , Soybean Processors , Indian Meteorological , Price Rise , Bank Of Baroda ,

Sept Rains in Key Agri Regions a Good Omen for Cooling Inflation

A better monsoon in September for key agricultural regions has raised hopes that food inflation may ease, with higher precipitation helping the two major kharif crops, rice and soya bean, that have seen an increase in the area sown. ....

Uttar Pradesh , Paras Jasrai , Madan Sabnavis , Amaresh Kumar Nayek , Soybean Processors Association , Indian Meteorological Department , National Rice Research Institute , Rice Research , West Bengal , Soybean Processors , Indian Meteorological ,