Gift onions! Price to remain high all this month

November 14, 2024 11:50

The prices of onion continue to remain high in November while other vegetable prices are seeing a dip of 4.1 per cent MoM in Nov so far, highlighted a report by ICICI Bank.

The report noted that the overall vegetable prices have seen some relief in November, but onion prices continue to remain elevated, contributing to India's inflationary pressures.

It said "prices are seeing some deceleration in November. Although onion prices continue to remain elevated in November, veggie prices are seeing a dip of 4.1 per cent MoM in Nov so far".

But despite the fall in vegetable prices in November, on an annual basis prices are still running high, recording a 57-month peak with a year-on-year increase of 42 per cent in October.

The report noted that this surge in vegetable prices is led by significant price hikes in essential items prices like tomatoes, potatoes, and onions. Tomato prices have skyrocketed by 161 pc year-on-year, while potatoes and onions have seen price hikes of 65 pc and 52 pc, respectively.

Don't know how to cook without onions? Try our onion-free recipes

« Back to LIVE

TOP STORIES

Exclusive! Adani Wasn't There At Meeting: Ajit Pawar

'That was my mistake.''Gautam Adani was not involved in forming the Maharashtra government.''Adani was not there in the meeting.''The meeting was at his guest house and we were sitting in his guest house.'

Siddique's killer stayed at scene, monitored events

Shivkumar Gautam, the alleged main shooter in the Baba Siddique murder case, remained at the spot for 20 minutes after the Nationalist Congress Party leader was gunned down on October 12, an official said on Thursday.

Cong rebel who slapped SDM held after violence, arson

Independent MLA candidate Naresh Meena was arrested on Thursday following high drama and escalating violence in which a mob assaulted a PTI reporter and video cameraperson and burnt their camera.

BJP offered Rs 50 cr to 50 Cong MLAs: Siddaramaiah

Karnataka BJP President B Y Vijayendra on Thursday challenged Chief Minister Siddaramaiah to disclose the source of his allegation that Rs 50 crore bribe each was offered to 50 Congress MLAs to topple the government. He said the Chief...

Bulldozer justice: 'My house was razed overnight'

Following the Supreme Court's verdict on bulldozer action, victims of demolition drives in Uttar Pradesh are seeking compensation for their losses. The court ruled against arbitrary demolitions without prior notice, prompting victims to...