Rising prices restrain consumer mood in festive season
The Hindu
Millions of Indian households are facing strains on their budgets ahead of Deepavali, which marks the country’s busiest shopping season for consumer goods
For Delhi resident Suman Milind, rising prices are casting a long shadow over the upcoming Deepavali festival.
The 33-year-old homemaker is tightening her purse strings, thanks to soaring costs of fuel, transport and many manufactured items, coupled with stagnant incomes due to the pandemic.
“Earlier we used to get four or five boxes of dry fruits during festivals, but now we hardly get one or two because of the high prices,” said Ms. Milind.
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