Food inflation rate decreases to 18.65 % in India
According to an official statement the food inflation rate has declined marginally to 18.65% from 19.95 % in the last week, while there has not been any change registered in the fuel index.
The insufficient rains during the monsoon and the floods in certain areas have badly affected the Kharif crops in the country due to which the food prices kept rising during the last few months.
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