NEW DELHI/MUMBAI, Aug 28 (Reuters) - Across India's malls and high streets, the mood at fashion shops is sombre - foot traffic is down, sales are low and many brands are embarking on steeper-than-usual discounts for longer-than-usual periods of time.
The culprit? Sky-high food inflation after erratic monsoon rains damaged crops and disrupted supply chains.
Prices for tomatoes…
This story from reuters.com was posted on 2023-08-28 by @earthed.