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Bloomberg Quint

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Image Credit: Bloomberg Quint

Ghar Kharcha: Another Reason To Eat Your Veggies—They Cost Lesser

  • India's retail inflation is currently the lowest it has been since Covid.
  • Food and beverage inflation eased to 2.88% in March, led by a decline in vegetable inflation.
  • Prices of key vegetables like potatoes, onions, and tomatoes have fallen, while prices of cooking oils continued to rise.
  • Lower vegetable prices have opened up space for the RBI Monetary Policy Committee to continue cutting the benchmark lending rate.

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