India’s Food Inflation Likely To Decelerate: Morgan StanleyMani
Aided by sustained moderation in rural wage growth and continued decline in global food prices, food inflation in India will likely be on a decelerating path, notes Morgan Stanley.
Upasana Chachra and team at Morgan Stanley in their July 6, 2015 research note on Indian Economics note that rainfall in July will be key, as 64% of full-year summer crop sowing is typically completed by July-end.
India to witness above-normal trend in rainfall
Monsoon season is one . . .
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