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Rising green chilli prices weigh on consumer spending

TelanganapressBy TelanganapressJuly 8, 2023No Comments

A delayed monsoon and scanty rains so far are cited as other factors behind the surge in prices

Release date – Saturday, July 23 at 07:50 PM


Rising green chilli prices weigh on consumer spending



Hyderabad: Tomatoes first, and now green chillies are added to burn a hole in the pockets of the common man.

Being an essential part of Indian food, green chillies are unavoidable in the kitchen, but purchasing green chillies has become difficult for many families due to the sharp rise in prices.

In addition, there are not many stocks in the market now, and only a limited number of green peppers can be found in the vegetable market. A supplier of Madannapet mandi said that the market was flooded with stocks of green chillies in the same month last year. “Only a small amount can be supplied now, and the price will naturally rise,” he said.

Sai Kiran, a supplier in Mir Alam Mandi, attributed the increase in the price of green chilli to the shortage of supply this season. “Abnormal summer rains have damaged crops, leading to lower yields of agricultural products,” he said.

A delayed monsoon and scant rainfall have been cited as other factors behind the price surge so far. Green chili stocks arrive at the city market from nearby areas like Chevela, Vikarabad, Yacharam and other surrounding areas.

At the Madannapet Vegetable Market, a kilo of green chilli is sold for between Rs 80 and Rs 100. Meanwhile, in Mir Alam Mandi, the same green chillies are being sold at Rs 100 per kg. In the retail market, including supermarkets and grocery stores, prices surged further to Rs 140 and Rs 160 per kg.

Not only households, the fiery taste has even created difficulties for hoteliers and caterers. “Small hotels and lunch centers that used to buy in bulk are now buying in limited quantities,” said Daya, another vendor in the Madanapet market.

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