Indian food price inflation
Vegetable prices in India spiked 46.59% in July year over year, another ugly bullet point in the country’s persistent struggle with massive food inflation.
The longer story is here.
Last week an Indian truck was hijacked for its forty tons of onions. Here are Brendan Greeley and Kartik Goyal on India’s onion price crisis.
By the way, the falling rupee is not helping India’s export performance. The rupee is also creating planning horizon problems for Indian corporations.