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Friday, October 4, 2019

In Delhi, onions sell at double wholesale rate

Among India’s eight largest metros, consumers in Delhi are the most short-changed by retailers of onions with margins between the wholesale and retail prices being much higher than other cities. The data also shows that a sudden increase in prices does temporarily impact a retailer’s margins, but they soon adjust, though a fall in wholesale prices is transferred to the consumers after a considerable lag.

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