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    HomeNewsOpinionFood inflation: This too shall pass, but consumption will slow

    Food inflation: This too shall pass, but consumption will slow

    While year-on-year core inflation came down in July, month-on-month core inflation went up 

    Manas Chakravarty
    August 16, 2023 / 08:38 IST
    while the rise in food prices is unlikely to lead to higher interest rates from the central bank, it will slow down consumption and growth
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