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This followed the recent release of a report by the Competition Commission that said big retailers were quick to raise prices in times of economic distress but slow to drop them once pressures subsided.
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The State Government and district administration have failed to bring down the prices of the essential items, including vegetables in the city.
Prices of essential items like milk, bread, vegetables, pulses, flour, ghee, sugar, etc have surged dramatically
Essential Items: Sales of daily groceries and essentials increased 8.5% YoY between April and June; the highest increase in a decade. FMCG sales was up 5.3% in rural markets and 12% in cities from a year earlier. However, consumption in villages only grew by 2%. Analysts believe the high increase in sales was largely due to the government offering free food grains, notably atta, which saw a growth of 8.5% during the quarter.