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India inflation seen up in June due to soaring vegetable prices

India inflation seen up in June due to soaring vegetable prices

Vegetable prices soar in India due to extreme weather, pushing consumer inflation up after five months of decline. Economists predict a rise to 4.80% in June. Core inflation remains low, but concerns linger over weak domestic demand and potential future tariff hikes. Central bank expected to cut rates only once this year.

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