Inflation Hit: Vegetable Prices Have Skyrocketed, Fruit Prices Have Gone Up And People’s Fasting Has Become Expensive

Vegetable Price Hike: In the period of inflation, the prices of green vegetables, spices, fruits have reached the sky. The prices of green vegetables have almost doubled as income has fallen by 60 percent. So with the increase in the prices of fruits available on normal days, fasting is becoming expensive for people.

After the increase in the prices of tomatoes, coriander, onions, chillies, cauliflower, potatoes in the market, now ginger is available at Rs 260 in retail. So 100 rupees of chilli, 75 rupees of onion, 200 rupees of garlic and 250 rupees of fensi are being discussed. On the other hand, the price of banana has gone up to Rs 75 per kg, pomegranate Rs 260, karabuch Rs 35, chiku Rs 150 and apple Rs 250 per kg. While the kettle makers have stopped putting ginger in the tea cups available in the market.

After four months of continuous decline, the inflation rate figures have once again taken a U-turn. In June 2023, the retail inflation rate rose again due to a sharp rise in food prices. Retail inflation rate was 4.81 percent in June while retail inflation rate was 4.31 percent in May 2023.

According to the statistics released by the Ministry of Statistics, the inflation rate of food items has increased drastically. Food inflation rose to 4.49 percent in June from 2.96 percent in May 2023. The rate of food inflation in June 2022 was 7.75.

The main reason for the increase in the inflation rate in the month of June is the price of arhar and other pulses. Inflation of pulses was 10.53 per cent in June, while it was 6.56 per cent in May. Inflation rate of greens and vegetables stood at -0.93 percent in June. While in May it was -8.18 percent. Spice inflation rose to 19.19 percent from 17.90 percent in May. Prices of milk and its allied products remained at 8.56 per cent as against 8.91 per cent in May. The inflation rate of food grains and related products stood at 12.71 percent, as against 12.65 percent in May. However, the inflation rate of oil and fats declined to -18.12 percent, from -16.01 percent in May. The inflation rate for sugar was 3 percent, as against 2.51 percent last month.

It is worth mentioning that the tomatoes have turned red for some time now. Tomatoes are being sold at a price of more than 200 rupees per kg in the country. In some places including the capital Delhi, the price of tomato has crossed 260 rupees per kg. Which has had a huge impact on these figures.