Over the past few months, the average inflation rate has decreased due to a decline in vegetable prices. However, the prices of certain food items continue to rise, particularly pulses, which have seen a consistent increase. In the last two years, prices for all major pulses, with the exception of masoor, have been on the rise, with tur dal experiencing the maximum increase. Besides, tomato prices have also risen considerably over the past two years.
The monthly report released by the Reserve Bank of India (RBI) shows that apart from pulses, the prices of edible oil and coarse grains (millets) are also increasing. Arhar dal is being sold in the market for up to Rs 180 per kg. E-commerce companies are selling tur dal from Rs 120 to Rs 200 per kg. The prices of organic pulses are quite high.
The Reserve Bank of India has estimated the average price of tur dal to be Rs 140, which was around Rs 112 per kg in January 2023. This indicates that the price of tur dal has increased by Rs 28 per kg over the last two years. Similarly, prices for urad and chana dal have also risen.
Additionally, the prices of edible oil have been continuously increasing since October 2024. This trend suggests that the impact of rising prices will likely be felt in people’s plates in the coming months.
The prices given in the report have shown that even though there has been a big reduction in the prices of tomatoes in the winter season, the average price of tomatoes in February 2023 was Rs 10 per kg, which was between Rs 10-12 in February 2024, but this time in February it is more than double.
Prices of potatoes and onions are also increasing. The prices of coarse grains are also increasing continuously. Besides the prices of rice and wheat are increasing continuously.
