India: Falling prices of agri commodities to cool food inflation in months to come

Retail prices of tomato, which rose to Rs 100/kg (€1.20) six weeks ago as heat waves adversely impacted output, has since moderated thanks to robust arrivals and prospects of good crop in Maharashtra, Karnataka, Andhra Pradesh and Telangana.

According to an Agriculture Ministry official, with kharif crops sowing picking up pace in the last fortnight after the revival monsoon rains especially over western, central, eastern and southern regions, prices are expected to moderate further in the next couple of months.

Source: financialexpress.com


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