Food prices rise 157 per cent, vegetable prices up 350 per cent between 2004 and 2013

9/20/2013

Between 2004 and 2013 food prices in general rose by 157 per cent. But when you get into the nuts and bolts the real pain becomes starkly clear. India is the second largest producer of vegetables in the world. Yet chronic supply shortages coupled with serial hoarding has led vegetable prices to shoot up by a deadly 350 per cent in that period.