Posted 11/27/2023, 2:00:15 AM
Consumers Yet to See Price Drops Despite Lower Costs for Retailers
- Consumers not seeing significant price drops despite lower costs for manufacturers (raw materials, dollar, transportation)
- Retailers charging old higher prices, especially for pulses and wheat flour
- Private sector wheat imports helped avoid flour shortage, but prices remain high
- Rupee recovered value against dollar recently, but manufacturers not passing on benefit
- Transport costs dropped due to lower diesel prices, but no consumer price relief