High food prices pushing customers to curtail spending ahead of festivals

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The story "High food prices pushing customers to curtail spending ahead of festivals" was covered 5 hours ago by Business Standard, a news publisher based in India.

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High food prices pushing customers to curtail spending ahead of festivals - Business Standard

Quick Summary:

In September, retail inflation was 5.49 per cent and food inflation at 9.24 per cent.

Rising prices of edible oils and vegetables like onions and tomatoes have driven up grocery spending for Indian households ahead of the festival season, prompting some consumers to limit more expensive purchases like electronic items, retailers said.

Online sales, which account for 15 per cent of retail sales during the festive season, are also off to a slow start.