Editorial

Editorial With Sujit Nair: How Inflation Affects The Middle Class

Amid the government’s efforts to put a check on prices of key kitchen items during the festive season, the trends of prices of these products in recent weeks indicate that it remains a tough challenge. While the average prices of pulses and major edible oils have remained almost same as a month back, the prices of onion and tomatoes have gone up due to increased fuel prices and damage to summer crops. The government data, which compiles the prices reported from over 100 centres, show that the average price of onions as on Sunday increased to Rs 39 a kg compared to Rs 28 a month back. A year back the average price stood at Rs 46 per kg. In some of the urban centres such as Delhi, Mumbai and Chennai, the onion prices were in the range of Rs 50-65 per kg on Sunday. In this episode of the Editorial our Managing Editor Mr Sujit Nair shares his take on the matter.

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