Tomatoes in India have risen in price by 1400% over the past three months – Kommersant
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India’s Finance Minister Nirmala Sitharaman said India will import tomatoes from Nepal due to record price increases. According to Reutersover the past three months, tomatoes in India have risen in price by 1400%, to a record 140 rupees ($ 1.69) per kilogram.
Indian farmers say the tomato crop failure, which has led to higher prices, is due to lack of rainfall, high temperatures and an outbreak of a virus spreading among tomatoes, the agency reports. Ms. Sitharaman said that the first batch of tomatoes from Nepal will arrive in India tomorrow, August 11.
The head of the Central Bank of India, Shaktikanta Das, noted that the rise in prices for tomatoes and legumes contributed to the growth of inflation in the country. The Economic Times. According to the Central Bank, prices for vegetables in June in India rose by a record 12% compared to the previous month. In June, inflation in India amounted to 4.81% in annual terms.
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