Onion Prices Hit 5-Year High in Delhi and Mumbai, Leaving Consumers Struggling
Onion prices soar to ₹80 per kg in Delhi and Mumbai, hitting a 5-year high, causing distress for households and vendors struggling with reduced sales.
Onion Prices Soar to ₹80 per kg in Delhi and Mumbai: 5-Year High in November Leaves Consumers and Vendors Struggling
Onion prices have surged to a whopping ₹80 per kilogram in the major cities of Delhi and Mumbai, which is at its peak in the last five years and would not be an easy burden to the producers and consumers. The onion price has nearly doubled in the last few days; it has moved from ₹40-60 per kilogram to ₹70-80 in many areas, which is highly distressing for the household.
The sudden spurt in the price of onions has altered consumer behavior patterns and caused consumers to drastically reduce their buying. Onions are a regular ingredient in Indian cooking, found in most meals, making the sharp rise in price particularly taxing for families. This increase is also making the wholesale markets volatile, as the rates have shot up meteorically within a short span. Even the sellers are feeling the heat, as the increased rates have seen a margin of decline in sales.
The price of onions is now costing ₹60 a kilo at a Delhi market going up to ₹70. “We buy them from the mandi and whatever rates they offer us there, we are supposed to add to ours,” said one of the vendors venting his anguish. Customers may cut their purchases of onions but they cannot avoid buying onions, presumably because most recipes start with onions.
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With this price hike, it is getting increasingly difficult for shoppers to keep track of their household budgets. “The price of onions has skyrocketed, when it should have come down with the season. I bought onions for ₹70 per kilo, which has affected how we cook at home. I urge the government to lower the prices of essential vegetables that people consume daily,” said Faiza, a buyer in Delhi.
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The scenario is no different in Mumbai; prices have soared here too, and buyers are up against them. According to a resident of Mumbai, Dr Khan, “Onion and garlic prices have skyrocketed. I had to spend ₹360 for five kilos of onions, which has hit my household budget quite sharply.”.
With prices of onions still going up, consumers are hoping something happens fast in bringing relief. Households’ finances are not the only victims; the price hikes also seem to be changing how food consumption patterns change across the country.
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