And the quota is actually driving up the price of many basic consumer goods and undermining economic recovery.

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Inflation has averaged over 25 percent in the last two years, and shortages of basic consumer goods are rampant.

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Traders from neighbouring African countries pour into the city markets to buy basic consumer goods that are either dear or unavailable at home.

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While India's economy has lately slowed to its lowest pace in years, demand for basic consumer goods like soaps and toothpaste has remained relatively strong.

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Over the past six months, leadership has come from sectors such as basic materials, consumer goods, technology, and services.

FORBES: Hey, Fifth Third, Huntington. Wake up!