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Июль
2024

Spices prices ease by 2% to 10% amid high food inflation

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Prices of key spices like cumin seeds, coriander seeds, chillies, and turmeric have decreased by 2% to 10% over the past two months, providing relief amidst firm inflation in staples like cereals and vegetables. Factors contributing to this decline include reduced domestic and export demand, ample stocks, and expectations of favorable upcoming sowing seasons.