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All commodities likely to become cheaper in 2023: Finance Ministry

Shortpedia

Content Team
Image Credit: NewsBytes

The prices of all commodities, except precious metals, are expected to see a drop in 2023, the Finance Ministry said in the April edition of its Monthly Economic Review. Although the prices are likely to moderate, they will remain above pre-pandemic levels. The report said that the prospects for the agriculture, manufacturing, and services sectors looked bright as rural demand saw an uptick.