Edible Oil News in English

Edible oil prices rise 15% in a month

As the Modi government embarks on its third term, rising cooking oil prices in Kolkata pose a significant challenge, having surged up to 15% over the past month. This escalation sparks concerns regarding the containment of food inflation. With essential cooking oils witnessing such substantial hikes, authorities are under pressure to implement measures to stabilize prices and alleviate the burden on consumers. The situation underscores the urgency for strategic interventions to address the escalating cost of essential commodities.

Kolkata: Cooking oil prices have risen up to 15% in the last one month, potentially causing worry for the Modi government to rein in food inflation as it starts its third term.

Source Link : https://economictimes.indiatimes.com/industry/cons-products/food/edible-oil-prices-rise-15-in-a-month/articleshow/110883356.cms?from=mdr

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