Food Inflation At 14 Months High But Arhar Dal Has Been Affordable, Know How Much Price Has Reduced

Food Inflation At 14 Months High But Arhar Dal Has Been Affordable, Know How Much Price Has Reduced

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new Delhi. The food inflation rate is at a 14-month high, but the prices of tur dal have come down. The government has claimed that the wholesale prices of tur dal have come down by 2.87 per cent.

According to the Food Ministry, the wholesale price of tur dal stood at Rs 9,255.88 per quintal on Tuesday as against Rs 9,529.79 per quintal last year. In this way the prices have come down by 2.87 percent. The rate of food inflation in January stood at 5.58 per cent, the highest in 14 months, compared to 4.47 per cent in December.

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Government did not increase the price of pulses due to this step
The ministry said that in May 2021, a guideline was issued to all the states and union territories regarding the stock of pulses and other essential commodities. Therefore, they could be stored in limited numbers. However, the prices of vegetables, eggs, pulses increased while the prices of edible oils, fruits and other commodities declined.

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Retail inflation also at the top of 7 months
In January, the rate of retail inflation also reached a seven-month high, which was above 6 per cent. The biggest increase in this has been due to food and manufacturing items. Due to food inflation, for the first time since June 2021, the rate of retail inflation has come out of the Reserve Bank (RBI) fixed 6 percent.

Tags: inflation, Pulses Price in India

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