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Edible oils, pulses play key role in retail inflation April 13, 2021   Retail prices of edible oils and pulses are the major contributors to increase in retail inflation since March last year. On Monday, National Statistical Office (NSO) reported that retail inflation based on Consumer Price Index rose 5.52 per cent year-on-year in March to 156.8 points. A close scrutiny of data showed prices of edible oils increased nearly 25 per cent since March last year, while those of pulses and products saw retail inflation rate increase 13.25 per cent during the period. BusinessLine reviewed the price trend to trace the root of the problems. Retail data, collected by Department of Consumer Affairs, showed a different trend of the prices of various edible oils. For example, prices of packed mustard oil, sunflower oil and palm oil increased in February. But in March, mustard, soyabean and sunflower rates were down, while retail prices of palm oil increased.

Lok sabhaPiyush goyalExtractors association of indiaDepartment of consumer affairsNational statistical officeConsumer price indexConsumer affairsExecutive directorSolvent extractors associationMinister piyush goyalEdible oilsCrop lossலோக் சபாபியூஷ கோயல்துறை ஆஃப் நுகர்வோர் வாழ்க்கைத்தொழில்கள்தேசிய புள்ளிவிவர அலுவலகம்