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StatsGuru-06-February-12 What do movements in the price of commodities say about expectations for the economy in 2012 and beyond? Food inflation in India has been a major determinant of policy in recent years, and has shaken up the economy. As Table 1 reveals, it has dropped considerably. This extends across most non-protein foodstuffs, as shown in Table 2; but wheat (and protein-intensive food, like poultry) is showing signs
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