{"id":34211,"date":"2024-11-15T10:08:00","date_gmt":"2024-11-15T10:08:00","guid":{"rendered":"https:\/\/newstimers.com\/index.php\/2024\/11\/15\/while-onion-prices-are-skyrocketing-will-other-vegetables-including-cabbage-become-cheaper\/"},"modified":"2024-11-15T10:08:00","modified_gmt":"2024-11-15T10:08:00","slug":"while-onion-prices-are-skyrocketing-will-other-vegetables-including-cabbage-become-cheaper","status":"publish","type":"post","link":"https:\/\/newstimers.com\/index.php\/2024\/11\/15\/while-onion-prices-are-skyrocketing-will-other-vegetables-including-cabbage-become-cheaper\/","title":{"rendered":"While onion prices are skyrocketing, will other vegetables including cabbage become cheaper?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>New Delhi<\/strong><br \/>There was a huge jump in the prices of vegetables in India in October. While onion prices are skyrocketing, prices of many vegetables like cabbage, tomato, and bottle gourd have declined by more than 4% on a monthly basis. However, onion prices still remain at high levels, due to which the problems of consumers are not reducing. On November 6, the wholesale price of onion in Lasalgaon onion market had reached its highest level in five years. According to a report, there is little possibility of onion prices falling in the near future.<\/p>\n<p>According to the report, \u201cThere has been some softening in vegetable prices in November, but onion prices remain high.\u201d Heavy rains in August and September disrupted supplies, leading to a 28% decline in vegetable arrivals in the mandis. Its biggest impact was on tomato prices, which recorded a monthly increase of 49% in October.<\/p>\n<p><strong>Record jump in vegetable prices<\/strong><br \/>Vegetable prices rose 42% year-on-year in October, the highest in the last 57 months. The main reason for this increase is believed to be the huge rise in the prices of essential commodities like tomatoes, potatoes and onions. Tomato prices have increased by 161% year-on-year, while potato and onion prices have increased by 65% \u200b\u200band 52% respectively.<\/p>\n<p><strong>Onion prices at highest level in five years<\/strong><br \/>The average wholesale price of onion at Lasalgaon APMC, the country&#8217;s largest onion market, reached Rs 5,656 per quintal on November 6, the highest in the last five years. Last time onion prices were at this level on December 10, 2019.<\/p>\n<p><strong>impact on retail inflation<\/strong><br \/>This increase in the prices of vegetables has also affected retail inflation. India&#8217;s retail inflation rate in October stood at 6.21%, the highest in the last 14 months. Core inflation, which excludes food and energy, also rose to 3.7% in October from 3.5% in September, further increasing pressure on the household budget.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>New DelhiThere was a huge jump in the prices of vegetables in India in October. While onion prices are skyrocketing, prices of many vegetables like cabbage, tomato, and bottle gourd have declined by more than 4% on a monthly basis. However, onion prices still remain at high levels, due to which the problems of consumers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34212,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/mpshining.com\/wp-content\/uploads\/2024\/11\/onien.jpg","fifu_image_alt":"","footnotes":""},"categories":[43785],"tags":[],"class_list":{"0":"post-34211","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>While onion prices are skyrocketing, will other vegetables including cabbage become cheaper? - News Timers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newstimers.com\/index.php\/2024\/11\/15\/while-onion-prices-are-skyrocketing-will-other-vegetables-including-cabbage-become-cheaper\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"While onion prices are skyrocketing, will other vegetables including cabbage become cheaper? - News Timers\" \/>\n<meta property=\"og:description\" content=\"New DelhiThere was a huge jump in the prices of vegetables in India in October. While onion prices are skyrocketing, prices of many vegetables like cabbage, tomato, and bottle gourd have declined by more than 4% on a monthly basis. 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