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Food Prices Rise 17 Percent in India Economy

December 3rd, 2009 · No Comments · India Economy

Food prices rose 17 percent in the India economy in 2009 according to AFP.

The recent monsoon is to blame as food stables such as rice have risen as much as 37 percent putting tremendous strain on the India economy.

The concerning India economic news is putting pressure on the India Central Bank to tighten monetary policy in order to cool a rapidly expanding India economy.

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