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Current Position:Home » News » General News » Topic

Sudden veg price increases impact Indian consumers

Zoom in font  Zoom out font Published: 2016-03-30  Views: 6
Core Tip: Over the past few weeks, a sudden increase in the price of several essential food items has adversely affected Indian consumers. Chilli and potato prices have doubled.
Over the past few weeks, a sudden increase in the price of several essential food items has adversely affected Indian consumers. Chilli and potato prices have doubled.

Analysts blame a fall in output caused by a decrease in crop area and unfavourable weather conditions for this price rise.

While February saw a fall in food inflation to 5.3% from 6.85% in January, it also brought retail inflation within RBI's target of 6%.

Potato farmers and traders say that prices have risen 50% in the last month because acreage fell in West Bengal and UP and also because late blight disease damaged a majority of the crop.
 
 
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