Demand for mass-priced products under pressure due to inflation - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Demand for mass-priced products under pressure due to inflation

“People earning between 15,000 and 35,000 in a month are under pressure of inflation because their shopping basket is largely food and essentials such as pulses, oil and vegetables. Their basket price actually increased by 30-35% due to inflation,” Lalit Agarwal, chairman of hypermarket chain V-Mart, told ET.

from Industry-Economic Times
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