22 Commodities Register 8% Price Increase

  • Prices of rice varieties, sweeteners, firewood, spices and pulses down 4%
  • Fruits, cooked items, vegetables, milk, condiments and medical services register¬†increase in November 2011

The prices of 22 commodities saw an increase in November 2011 while those of 18 came down and 11 remained unchanged as compared to the prices monitored in the preceding month. On average, the prices of commodities including fruits, cooked items, vegetables, milk and medical services registered an increase of 8% while there was a 4% decline in the prices of rice varieties, sweeteners, firewood, spices and condiments.

FAFEN collected the prices of 52 commodities from 171 retail outlets across the country on November 10, 2011. Among the commodities monitored, the price of onions registered the highest increase of 56% in the reporting month. On the other hand, tomatoes witnessed a 47% increase while the price of potatoes went up by 4%.

The prices of all the observed fruits increased in November – dark red and golden apples and bananas going up 11%, 10% and 7% respectively. Among spices and condiments, garlic and ginger registered an increase of 3% and 2% in prices while salt powder, red chili powder and turmeric fell by 5%, 4% and 3% respectively. Of the prices of pulses monitored, only gram pulse recorded a 1% increase but those of red beans (4%), washed moong pulse (3%), black gram (2%), washed mash pulse (1%) and chickpeas (1%) came down.

The price of yoghurt increased by 2%, possibly because of the increased price of its vital ingredient milk, – which also went up by 2%. With the onset of winter, the price of hen eggs increased by 5% but that of broiler chicken meat fell by 1%. The prices of all the cooked products -plates of beef, vegetable, dal, a cup of tea and plain chapatti went up by 6%, 3%, 2%, 2% and 1% respectively, possibly because of the change in prices of other inputs and fuels or an increased demand of these commodities with the change in season.

The prices of the all observed medical services – blood test (complete picture), blood sugar test and urine tests (routine examination) – also registered an increase of 4%, 2% and 1% respectively. As the harvesting of kharif crops in the country began, the price of sugarcane products and rice varieties registered a decline.

The prices of gur, desi shaker and sugar decreased by 7%, 6% and 6% respectively while those of rice varieties including irri-6, basmati-386 and basmati broken rose by 6%, 2% and 2% respectively. With the arrival of winter, abundant availability of peanuts in the market led to a 5% decrease in its price. Among kitchen fuels, the price of LPG increased by 1% while that of firewood was down 1%, despite its increased demand in winter.

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