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Activity:  3 comments  60 views  last activity : 07 16 2011 19:26:19 +0000
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food prices have stabilized but for households the pain of rising food prices is far from over.

Food prices shot up unexpectedly last December, led by spiralling onion prices, which forced the government to announce some piecemeal measures to calm prices but they have continued to hover above comfort levels for the past six months. And data shows that onion prices are rising again.

In the week to July 2, onion prices have risen nearly 31% year-on-year and the trend in the past six weeks shows that it is rising steadily. A TOI analysis of 31 daily-use food products shows that 11 items have shown a decline. Of these, four are pulses – arhar, moong, masur and urad – while three are from the fruits and vegetables group—potatoes, ginger, cabbage and mangoes

 Top Comment : pragati parihar   | 07 16 2011 14:19:54 +0000
ya u are right mam, prices are not decreasing but rising day by day. Poor are becoming poorer and rich becoming richer and i think that the gap between these would not be minimize.
 
3 comments on "No respite from rising food prices"
  Commented by  Mohan Murari, Manager-Property Sales    | 07 16 2011 19:26:19 +0000
Rating : +1 
Very true, pls also check the consumer buying power and buying trends in the same period, after sometime you will find, rice, sugar and pulses in sachets of Rs.1 or 2 and then the government will say they have done it so that even the poor people can afford to consume these items. Cheers!
  Commented by  Ranjeet Kumar, B.Tech KU,Kurukshetra,Haryana    | 07 16 2011 15:41:51 +0000
I do not trust these data. They good for record keeping only.Inflation rate are just to confuse and console us that prices are decreasing. 
  Commented by  pragati parihar, MBA/PGDM student, banasthali university,jaipur    | 07 16 2011 14:19:54 +0000
Rating : +1 
ya u are right mam, prices are not decreasing but rising day by day. Poor are becoming poorer and rich becoming richer and i think that the gap between these would not be minimize.
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