FINANCIAL EXPRESS Agriculture prices to fall 2.6%

CONTEXT:

  • Agriculture prices are projected to fall 2.6% this year but are estimated to rebound in 2020 due to lower crop production and higher costs for energy and fertilisers.
  • Agricultural and food prices are expected to remain stable over the medium term.
  • The outlook by the bank also adds that in 2020, agricultural prices are expected to rise by 1.7%
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