Edible Oil, LPG Prices Go through the Roof in 2 Years
The common man is hurting due to the sharp rise in prices of essential commodities like edible oil and LPG (liquefied petroleum gases) in the past three years.
In Kolkata, for instance, edible oil prices have more than doubled in the past three years. Mustard oil, which was Rs90 a litre in May 2019, is now selling at Rs 190 a litre while rice bran oil which was Rs80 a litre is now at Rs150 per litre.
Similarly, groundnut oil is touching Rs200 a litre in May this year compared to Rs156 in 2019. Soybean oil is at Rs140 compared to Rs 95 a litre in 2019.
Sunflower oil is being sold in Kolkata at Rs180 a litre as against Rs 102 a litre in 2019.
It is not only edible oil which is on fire. The cooking fuel, LPG is also flaring up as 14.2 kg cylinder in Kolkata is now at a whopping Rs835 compared to Rs496 in February of 2019.
LPG cylinder prices have been going up in the past two years. They touched Rs499 in May 2019, Rs620 in August 2020, Rs720 in January 2021 and Rs835 in May 2021.
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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