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

The rise in the prices of essential commodities continues in a pinch to consumers, which moistens the festive spirits in West Bengal.

City traders said on Thursday that prices of pulses, edible oils, vegetables, fish, and eggs had risen for the past few months due to demand and bottlenecks in the supply chain.

He said that the prices of pulses and edible oil increased by 15–20 percent, while most vegetables are sold at more than Rs 50 per kg.

Onion, which was recently sold below Rs 25 per kg for potato, is now available for Rs 70, while egg prices have increased from Rs 4 to Rs 7.

“The volatility in the commodity markets happens every year but it was temporary. A vegetable seller said that prices have been higher this year than in the past few months.

The owner of a meat shop said that the value of the order for this festive period is insignificant compared to last year.

“Since the lockdown in March, prices of essential commodities have continued to rise. Many things are out of the reach of common people. Homeowner Anjali Saha said that we had to cut the budget on the banquets during the Durga Puja celebrations.

According to traders, prices of vegetables and fish may soften when local train services resume.

A fisherman from the Canning market in South 24 Parganas said, “Fishermen are suffering from lack of demand and transportation of low-value fish in city markets without the services of local markets.”

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