As Inflation Falls, Low Food Prices Hit Farmers | Read
Inflation seems to have now become a double-edged sword. As the retail and wholesale inflation continues to be at multi-month lows mainly driven by the depressed price of food items, it has now started to hit farmers badly. Priti Deshmukh, a consumer who lives in Mumbai's Dadar area, with her two kids and husband, is relieved as she is able to now buy more vegetables. Since the prices of the vegetables have fallen, she says that her savings have gone up.
