Higher prices of essential consumer goods dampen festive spirits in West Bengal - business news

Higher prices of essential consumer goods dampen festive spirits in West Bengal – business news

An enhance in prices of essential commodities continues to pinch customers, which dampens the festive spirits in West Bengal.

Prices of pulses, edible oil, greens, fish, and eggs have remained agency for the previous few months primarily resulting from an increase in demand and bottlenecks in the provision chain, merchants in town mentioned on Thursday.

They added that prices of pulses and edible oil rose by 15- 20 per cent, whereas most greens are bought at over Rs.50 a kg.

Onion, which was bought beneath potato worth at Rs 25 per kg just lately, is now out there at Rs 70, whereas egg worth has elevated from Rs 4 a bit to Rs 7.

“Volatility in commodity markets happens every year but it used to be temporary. This year, prices are ruling high for last few months,” a vegetable vendor mentioned.

A meat store proprietor mentioned the worth of orders for this festive interval is insignificant as in comparison with earlier yr.

“Since lockdown in March, we continue to see a surge in essential commodity prices. Many items are beyond the reach of common people. We had to cut the budget on feasts during the Durga Puja celebrations,” Anjali Saha, a homemaker mentioned.

According to merchants, prices of greens and fish might soften when native practice companies resume.

“Fishermen are suffering due to lack of demand and transportation of low-value fish to city markets has been affected without local train services,” mentioned a dealer at Canning market in South 24 Parganas.

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