Onam purchases to burn a hole in the pocket as prices soar
The Hindu2h ago1 newsroom
Rice, sugar and coconut oil prices soar ahead of Onam; traders seek government intervention to curb price rise
GlobeSignal-AImedium certainty
Why it matters
Onam shoppers will pay more for staple foods and cooking oils used in festival preparations, directly raising household spending during the celebration.
Most affected
Onam households in Kerala — Increased cost for rice, sugar, and coconut oil needed for festival meals and traditions
Likely next
Whether the government announces price interventions or import measures in response to traders' requests.
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INDIA
