Zee Media Bureau/Nivedita Mishra
Mumbai: Prices of most vegetables have started softening in the country's financial capital Mumbai with supply gradually improving on the back of good rainfall that the city has witnessed in the last couple of days.
As per whole-sellers, 629 truck vegetables were offloaded in the Navi Mumbai APMC market which hitherto was limited to between 400 and 500 trucks in Mumbai. The vendors feel that good rains in many parts of Maharashtra have led to cooling down of vegetable prices.
Analysts feel that the situation will improve more in the coming weeks if belts like Ahmednagar, Saswar, Mahabaleshwar and Belgaum witness good rainfall.
Prices of vegetables such as tomato, cauliflower, ladies finger and chillies have significantly dropped thereby bringing relief to the common man. Prices of vegetables like ladies finger have halved while tomato prices have come down to Rs 55 from Rs 80 per Kg. Other vegetables have seen a significant drop between Rs 15 and Rs 20.
As per recent data released by the government, food inflation fell to 7.97 percent in June against 9.56 percent in May.
During the month under review, the rate of prise rise in vegetable was 8.73 percent against 15.27 percent in May.
Cereals and its products were cheaper, with inflation of 7.6 percent as against 8.81 percent a month ago.
The rate of price rise for egg, fish and meat was 8.27 percent in June, lower than 10.11 percent in May.
Inflation in milk and milk products was 11.06 percent in June, slightly lower than 11.28 percent in the preceding month, showed the data.
Among others, food and beverages inflation stood at 7.9 percent in June vis-a-vis 9.4 percent in May. The rate of price rise in fuel and light was 4.58 percent during the month as against 5.07 percent rise in May.
Fruit inflation came down to 20.64 percent compared to 23.17 percent a month earlier. For oil and fats, it was 0.35 percent in June compared to 0.91 percent rise in the previous month. According to the data, the corresponding provisional inflation rates for rural and urban areas for June are 7.72 percent and 6.82 percent compared to 8.86 percent and 7.55 percent in May, respectively.
With Agency Inputs
