About 24% Indian homes reduce edible oil consumption due to high prices

At the same time, 67% of respondents pruned spending in other areas to pay for higher edible oil prices

Around 24 per cent of Indian households that participated in a survey said that they have been forced to reduce their consumption of edible oils due to a sharp spike in its retail rates, while 29 per cent said they have downgraded their cooking oil to available cheaper alternatives due to the hike. The Survey was conducted between March 23 to April 7 this year that is 2022.

The survey which was conducted by Local circles was derived out of responses from around 36,000 consumers spread across 359 districts of India. It has been shared with select media outlets including Business