Question

price and rice affecting house hold budgets article writing
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Answer 1

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hey!

This is both due to a bad winter impacting yield and a depreciating rupee, which has pushed up import costs, companies said.

"There will be a price hike across a wide variety of packaged foods since agri-commodity prices have recently gone up by 6-8 per cent," said MTR Foods chief executive officer Sanjay Sharma. Input costs are up 4-5 per cent, which will reflect in the market in a month's time, he said.

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