Prices of common man's beverage not so friendly

Image
Press Trust of India New Delhi
Last Updated : Jan 19 2013 | 10:33 PM IST

Prices of two key ingredients -- tea and milk -- have gone up by up to 30 per cent and 22 per cent respectively in the last one year in almost all major cities.     

Even relatively stable sugar prices, which stood in the range of Rs 14-20 a kg for the last one year, have done nothing to help the cause of tea lovers.     

The wholesale price-based inflation data released today showed that prices of tea have gone up by three per cent and milk by one per cent for the week ended June 14.     
According to the data maintained by the Consumer Affairs Ministry of 17 major cities in the country, including the four metros, retail prices of tea (loose) have shot up by the maximum 30 per cent in Ahmedabad to Rs 130 a kg as on June 18, 2008 against Rs 100 a kg a year-ago.     

Milk prices rose highest in Guwahati by over 22 per cent to Rs 22 from Rs 18 a litre in the review period.     

Apart from the four metros, the other 13 cities monitored by the government are Agartala, Ahmedabad, Aizwal, Bangalore, Bhopal, Bhubaneswar, Guwahati, Hyderabad, Lucknow, Patna, Shillong, Shimla and Thiruvananthapuram.     

Barring Agartala, Bangalore, Hyderabad, Kolkata and Lucknow where tea prices either remained stable or declined, the prices rose at all centres in the range of 3-30 per cent.     
Tea prices inched up to Rs 200 from Rs 170 a kg in Shillong, while in Chennai, prices soared to Rs 240 from Rs 210 a kg. Rising trend was seen in Guwahati where tea became costlier by Rs 10 and is available at Rs 85 a kg.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 27 2008 | 3:34 PM IST

Next Story