Indian Economy

Inflation hits hard poultry business in Ajmer

Ajmer,Indian Economy July 23: The poultry industry at Ajmer in Rajasthan is hit hard by inflation.

Due to the increasing cost of poultry feed, it has become very difficult for the poultry farmers to run their business as they are facing severe losses.

Poultry farmers complain that the feed cost has increased two to three times in the past three to four months while the price of eggs have not increased in that ratio.

According to farmers, production cost per egg in today''s scenario amounts to one and a half rupee while it is sold for less than one rupee in the wholesale market.

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Inflation surges to 11.89 per cent

New Delhi, July 11 : This week’s inflation surged to 11.89 per cent in response to increases in food and commodity prices.

The inflationary trend shows an upward graph, which is expected to touch 11.9 per cent next week.

The Government has already declared that the inflation could inch up to 13 per cent before making a slow descent by September.

Last week’s inflation was recorded as 11.63 per cent.

Experts believe that double-digit inflation is likely to stay until September with the price of crucial commodities like steel is expected to rise further.

It is estimated that steel and steel products (used in industries like auto, housing, white goods and capital goods) contribute almost 21 per cent to inflation.

Inflation surges to 11.89 per cent

New Delhi, July 11 : This week’s inflation surged to 11.89 per cent in response to increases in food and commodity prices.

The inflationary trend shows an upward graph, which is expected to touch 11.9 per cent next week.

The Government has already declared that the inflation could inch up to 13 per cent before making a slow descent by September.

Last week’s inflation was recorded as 11.63 per cent.

Experts believe that double-digit inflation is likely to stay until September with the price of crucial commodities like steel is expected to rise further.

It is estimated that steel and steel products (used in industries like auto, housing, white goods and capital goods) contribute almost 21 per cent to inflation.

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