Pune: Vegetable price rise due to renewed statewide restrictions

In Pune, vegetable prices shot up by 20-30% in the Market Yard on Wednesday due to a shortage of supplies and panic buying amid statewide restrictions making a comeback. One vegetable wholesaler said that supplies in the market were around 40% less on Wednesday. “The new curbs for 15 days announced on Tuesday have caused panic buying. Consumers and retailers purchased 20-30% more than their usual purchases from the market on Wednesday.”

Retailers said the last two days had recorded a significant rise in vegetable prices, mostly because of the announcement of an impending lockdown/restrictions, which led to panic buying. Vegetables that were earlier selling at Rs 40-50 per kg shot up to Rs 60-70 per kg in the retail market on Wednesday.

Source: timesofindia.indiatimes.com

Photo source: Dreamstime.com

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