Rising cost of essential Things..! Impact on wage earners!?

Due to the ongoing war between ukraine and russia and the rise in petrol and diesel prices, the prices of essential commodities are rising exponentially day by day. Monthly wage earners, suffer economically. Over the past few days, the prices of groceries and oil in coimbatore have been skyrocketing. Although various reasons have been put forward for this, traders are mainly citing the war in ukraine and the rise in petrol and diesel prices. Those who move life on a monthly salary, suffer economically. On whether the price hike will be permanent or will come down after some time, Ganesan, the bargaining district secretary of the tamil Nadu Chamber of Commerce and Industry, said that grocery prices will rise once a year and will decrease another time. During the months of march and April, when the supply of groceries is high, prices fall. Six months later, prices will rise as stocks decline during the rainy season and demand for groceries and oils during festivals, weddings, and ceremonies.This, of course, is inevitable. During periods of unpredictable heavy rains, floods, and tsunamis, prices are likely to rise if there is a shortage of supplies from one place to another. Sunflower oil has gone up from Rs 130 to Rs 190. Similarly, most groceries are expensive. No longer, there will be price fluctuations, depending on the circumstances that follow.
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essential commodities price hike

Sowmiya Sriram

10/04/2022 07:46 PM