Inflation due to food items shortageNEW DELHI - The current trend in inflation in India is a result of a shortage of food items and not due to a demand-push factor, Finance Minister Pranab Mukherjee told parliament on Tuesday.
The food articles index rose an annual 15.6 percent as at Nov. 14, up from the previous week's 14.6 percent rise. The weakest monsoon since 1972 and then floods in parts of the country have hurt farm output and pushed up food prices.
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