September has marked the 11th straight month that India’s wholesale prices have plunged, potentially masking a worrying trend of rising food prices.
The wholesale price index for last month revealed that food prices had increased by 0.69% year-on-year, despite the fact that overall prices had fallen by 4.5% since a year ago.
Pulses are the latest food staple whose prices has been affected, with some part of the country witnessing a five-year high price. They shot up 38.56% in September alone.
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