Rice Crisis Looms! India, World's Largest Rice Exporter, Mulls Over Halting 80% of Exports
Philippine Inflation Rate
India, the world's largest exporter of rice, is contemplating a ban on the export of most of its rice varieties in response to rising domestic prices. The government's intention is to avert the risk of worsening inflation. This potential move could further escalate the already soaring global rice prices, which are at a two-and-a-half-year high due to the impacts of El Niño in Asia.
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