Food Prices Not Going to Ease Out for Common Man

Food Prices Not Going to Ease Out for Common Man  During the week that ended on September 10, food inflation was observed experiencing a downfall and grabbed a position at 8.84%, decline as compared to the previous week figure of 9.47%. However, the fall has not offered any ease to middle class people as major commodities are still leading the market with high price tags.

According to available data, wheat prices were found to take a 2.72% lower place whereas most common ingredient of a number of Indian foods, onion as well as potato proved their worth once again with 29% and 13.78% hike, respectively. However on average, vegetables were observed with 12.13% downfall.

On the other hand, Milk, another widely-consumed dietary fluid also grabbed higher position with an increase of 10.38%. In addition, poultry products, including eggs and other edibles such as meat and fish, also recorded an increase in prices by nearly 9.28%. Overall, common man is not left with any food item that can be purchased on reasonable prices. Even cereals jumped 4.13 % during the corresponding week.

Simultaneously, non-edible commodities such as fibers, oil seeds and minerals were observed to have 17.42% inflation effect.

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