International Desk: Onion prices in India have reached the highest level in five years. Along with that, the prices of potatoes and tomatoes have increased a lot. Besides, the price of gold and silver has increased. Indian media Anandabazar reported this information.

Onion

In Maharashtra's Lasalgaon, the country's largest onion market, onions were sold at Rs 47.70 per kg on November 4. Which increased to 57.70 rupees on November 7. The price is still at that level. A similar picture was observed in potato and tomato.

Meanwhile, due to the increase in the prices of these five products, the inflation index of the country is upward. India's retail inflation in October was 6.21 percent, of which food inflation was 10.87 percent.

According to government statistics, onion prices rose by 21 percent in a span of just four days in the first week of November. Onion is being sold at an average rate of Rs 60 per kg in the retail market. The traders claim that the prices have gradually increased since October. However, the country's government hopes to reduce the price of onion at the end of November.

Vikas Singh, vice-president of 'Horticulture Producers Exporters Association', said that the situation is unlikely to change until new winter vegetables are introduced in the market. However, he expressed hope that the price will decrease a lot in early December.

Meanwhile, in October, the price of gold exceeded 80 thousand rupees per 10 grams. Currently which has come down to 75 thousand taka. The price of white metal has also decreased. However, the price increase in the retail market remained at 6 percent (6.21 percent) in October. In this situation, wholesale market rates have also gone up. Which is affecting the price of food products said the central government.