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ShareNew 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% as at November 14, up from the previous week's 14.6% rise. The weakest monsoon since 1972 and then floods in parts of the country have hurt farm output and pushed up food prices.
