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Elevated food inflation means upside risks loom for FY27 inflation projections: IDFC First Bank’s Sen Gupta

As reported by mint - markets
The weak monsoon, driven by strong El Niño conditions, has left reservoir levels below average and kharif sowing slightly behind, raising risks for both kharif and rabi crops, Gaura Sen Gupta, economist at IDFC First Bank, said.
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