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Rain gods may ease soaring inflation: Chief statistician

The food inflation shot up to the highest level in four weeks. At 8.55% for the week that ended May 14, the prices of fruits, cereals and protein-based items escalated. However, Chief Statistician TCA Anant has a positive outlook on inflation and says that “inflation will ease if we see a good monsoon season.”

first published: May 26, 2011 10:13 pm

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