RETAIL INFLATION IN the food basket declined to 6.56% in September on year from 9.94% in August, due to a sharp fall in prices of vegetables, especially tomato and potato, edible oils and meat products.
In July 2023, the consumer food price index had risen by 11.5% on year because of higher tomato and cereals prices.
Tomato inflation declined by 21.48% last month on year because of improvement in supplies from the key producing states of Maharashtra and Karnataka, while inflation in the key vegetable was high at 179% (August) and 202% (July) as floods in Himachal Pradesh and Uttarakhand disrupted the supplies.
According to the Department of Consumer Affairs, modal retail prices of tomatoes, which had crossed 150/kg in July and August, are currently ruling at 20/kg. Negative inflation of 15.75% in potatoes last month also contributed to a decline in inflation in vegetable baskets to 3.39% from 26.14% in August.
Bu hikaye Financial Express Mumbai dergisinin October 13, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin October 13, 2023 sayısından alınmıştır.
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