+33 680 38 14 46
Food prices soar
India
Wednesday 16 May 2012
MD
Vegetable prices increased on average by 30% - the most spectacular rise was potatoes at 53.44%.
India has been hit bu high food inflation, particularly for vegetables.
In India, inflation was 10.49% for the month of April, after reaching 10.66% in March. Prices of some products jumped (potatoes, vegetables, meat, milk, pulses) while others show a downward trend (onions, fruit).
Vegetable prices have
increased on average by 30% with the record held by potatoes, which rose 53.44%. On the other hand, prices of onions dropped -12.11% in April after falling -24.23% in March.
Some experts attribute inflation to problems in supply chains causing bottlenecks in supply and artificial shortages.
Some experts attribute inflation to problems in supply chains causing bottlenecks in supply and artificial shortages.
source : india today, business today, gulf news
