Today if you have paid Rs 107.50.The end of the December 2005 a kilogram each and every one potato and onion simultaneously increased cost Rs 20. But now you can back Rs 56.The CAGR (compounded annual growth rate) price is increased in Rs 21.26 percent in the last five years.
Compared with the WPI (wholesale price index) for all merchandise increased 5 per cent. This is the new WPI (wholesale price index) series with 2004-05 bases this year.
The rise and onion prices are the sharpest over these five years. When unseasonal rain, accompanied by hailstorm. The case of onion and the rise is before December has been 24 per cent in a year. Again prices of onion, tomato and other vegetables are increased.
Than the five year period of the population has increased from the 1.08 billion to 1.15 billion and the per head income (2004-05 base year) increased as a Rs 33,540 in the 2009-10 financial again Rs 25,956 in 2005-06, a CAGR said is 5.26 per cent.This means that the prices of vegetables have been the salary rise of Indians.
