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India faces 'stagflationary shock' amid upside risks to food prices: BMI

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The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input

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India faces 'stagflationary shock' amid upside risks to food prices: BMI

The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input costs.

Business Standard

India Faces 'Stagflationary Shock' Amid Upside Risks to Food Prices: BMI

India is facing a 'stagflationary shock' amid upside risks to food prices, according to a report by BMI. The report warns that the country's economy is vulnerable to inflationary pressures and potential food shortages. The report highlights that India's food prices are expected to rise due to a combination of factors, including a decline in agricultural production and an increase in global commodity prices. The report also notes that the country's economic growth is expected to slow down due to the stagflationary shock. The Indian government is expected to take measures to mitigate the impact of the shock on the economy.

Business Standard

India faces 'stagflationary shock' amid upside risks to food prices: BMI

The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input costs.

Business Standard

India faces 'stagflationary shock' amid upside risks to food prices: BMI

India faces 'stagflationary shock' amid upside risks to food prices: BMI.

Business Standard

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