Tag: vegetable prices

MUMBAI: The lingering impact of supply shocks is far from over. The increase in vegetable prices has extended into the first half of August, prompting expectations of headline inflation averaging 'well above 6%' in the second quarter, a report published by RBI said. The report comes days after the government released July inflation data, placing headline inflation for the month at 7.4%. While raising concerns over inflation, the report is upbeat on growth. "In this stressed global environment, the Indian economy is gathering momentum in the second quarter...