Inflation - 4 (Feb 5)

(you can click on the image to view it in a larger format)

Nothing major this week - just a few major changes; peas, bottle gourd, small onions and brinjal. Lot of kids in the veggie shop along with their dads! Yes - more dads with kids compared to moms - times are changing :-)

I heard that the rates in the central market (which is quite a long drive from the heart of the city) have fallen heavily. But the effect hasn't yet reflected in the veggie shops in the main part of the city. Same was the case of onions - it took a week for the price to dip here. An example of 'price stickiness' perhaps - it is easier for a shop to raise prices, but lowering prices doesn't happen that easily.

Imported apple still stays the same 130. Funny thing is that Shimla apples are 150 but apples coming from far away lands cost 130 - yeah; some would argue that Washington apples have that wax to make them shiny and so it is not good to buy them. And to counter that argument Washington apples have put up notices saying that the wax they use is just a tiny amount and it is approved by some agency and all. But there are Fuji apples which are not waxed that also cost 130 - so imported apples still seem better than domestic ones, price wise.

And just a note - none of the veggies listed above are prepacked veggies; prepacked veggies sometimes cost more.

I've got figure out a way of creating a nice index based on this - for now i've just put an average cost taking into account all the vegetables listed.