Terming elevated food prices a temporary phenomenon, Economic Affairs Secretary Tarun Bajaj on Tuesday said it should be back to normal soon on the back of arrival of new crops and government measures for improving supply of essential commodities.
Some commodities like onion, potatoes and tomatoes are as costly as Rs 100 per kg, much higher than the average price.
Pushed by rising prices of essential kitchen items, retail inflation rose to an eight-month high of 7.34 per cent in September. The Consumer Price Index (CPI)-based inflation was 6.69 per cent in August and 3.99 per cent in September 2019. The inflation