Rising Food Inflation; Will RBI Hike Rate?

2023 • 8min • News • Business


Published On: August 08, 2023 - The cost of vegetarian and non-vegetarian thalis rose 28% and 11% on-month, respectively, in July. Of the 28% rise in the cost of a vegetarian thali, 22% can be attributed solely to the price of tomato, which rose 233% on-month to Rs 110/kg in July from Rs 33/kg in June. The prices of onion and potato increased 16% and 9%, respectively, on-month, adding to the increase in cost of you thali. News9's Krishnakumar, Amit Ranjan Kumar and Kartik Malhotra discuss the implications for the common man.