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Move aside petrol, diesel, onions there is a new inflation superstar in town as the spotlight (or should one say the scorching sun) shines on lemons! Lemon prices are squeezing the budgets of households even further just as the heatwave sweeps the country. One lemon now costs Rs 15 in some parts of the country,this is nearly 10 times more than its average price. This is giving the consumers a flash back to 2013 when onion prices soared over 200% due to many factors at play. Just as the case with onions, netizens are quick to storm social media platforms flooding them with memes of #lemonprices. From clicking a picture of a lemon tree and worrying about a tax raid to swapping the idea of buying lemons with a Mercedes, consumers made light of what is clearly a very sour situation. Many memes focussed on lemons joining the elite club of unafforables - petrol, diesel and cng due to the recent price hikes. Inflation in India is now at a 17 month, escalated by food inflation. Global price rise index is also at a record high, while US and UK are reporting 4 decade high inflation. 

Lemons are the new onions! Lemon price memes flood social network sites

Move aside petrol, diesel, onions there is a new inflation superstar in town as the spotlight (or should one say the scorching sun) shines on lemons! Lemon prices are squeezing the budgets of households even further just as the heatwave sweeps the country.

Lemons are the new onions! Catch the memes

Move aside petrol, diesel, onions there is a new inflation superstar in town as the spotlight (or should one say the scorching sun) shines on lemons! Lemon prices are squeezing the budgets of households even further just as the heatwave&nbsp;sweeps the country.&nbsp;
One lemon now costs Rs 15 in some parts of the country,this is&nbsp;nearly&nbsp;10 times more than its average price. This is giving the consumers a flash back to 2013 when onion prices soared over 200% due to many factors at play.&nbsp;
Just as the case with onions, netizens&nbsp;are quick to storm social media platforms flooding them with memes of #lemonprices. From clicking a picture of a lemon tree and worrying about a tax raid to swapping the idea of buying lemons with a Mercedes, consumers made light of what is clearly a very sour situation. Many memes&nbsp;focussed on lemons joining the elite club of unafforables&nbsp;- petrol, diesel and cng&nbsp;due to the recent price hikes.&nbsp;

Lemons selling for nearly 10 times their average price

Move aside petrol, diesel, onions there is a new inflation superstar in town as the spotlight (or should one say the scorching sun) shines on lemons! Lemon prices are squeezing the budgets of households even further just as the heatwave&nbsp;sweeps the country.&nbsp; One lemon now costs Rs 15 in some parts of the country,this is&nbsp;nearly&nbsp;10 times more than its average price. This is giving the consumers a flash back to 2013 when onion prices soared over 200% due to many factors at play.&nbsp; Read/Watch Also: <a href="https://www.editorji.com/partner/dw/blueberries-from-the-desert-1646213076805">Blueberries from the desert</a> Just as the case with onions, netizens&nbsp;are quick to storm social media platforms flooding them with memes of #lemonprices. From clicking a picture of a lemon tree and worrying about a tax raid to swapping the idea of buying lemons with a Mercedes, consumers made light of what is clearly a very sour situation. Many memes&nbsp;focused on lemons joining the elite club of unaffordables&nbsp;- petrol, diesel and cng&nbsp;due to the recent price hikes.&nbsp;
Also read/watch |&nbsp;<a title="DGCA bans 90 SpiceJet pilots from flying: here's why" href="https://www.editorji.com/business-news/90-spicejet-pilots-been-banned-from-flying-by-the-dgca-1649828588291">DGCA bans 90 SpiceJet pilots from flying: here's why</a> Inflation in India is now at a 17 month, escalated by food inflation. Global price rise index is also at a record high, while US and UK are reporting 4 decade high inflation.&nbsp;

About nine out of every 10 households in India are “feeling the pinch” of rising prices of vegetables in the last 30 days, according to a survey.
LocalCircles, which conducted the survey, said it received 11,800 responses from citizens residing in 311 districts across India and claimed that around 87 per cent of Indian households are "affected" by the rising prices of vegetables since March.
Of these, 37 per cent of the respondents said they were experiencing an increased spending of over 25 per cent on vegetables.
LocalCircles said findings of the survey indicate that prices of some vegetables skyrocketed in the last month.
Thirty six per cent of the respondents said they were paying “10-25 per cent more”, while another 14 per cent said they were paying “0-10 per cent more” for the same quantity of vegetables now compared to last month.
As many as 25 per cent of the people said they had to shell out “25-50 per cent more” while another five per cent people believed they had to burn an additional “50-100 per cent” for the same quantity of vegetables as compared to March.
Seven per cent of those surveyed claimed they were paying more than double the amount for the same quantity.
Only 2 per cent of the repondents said they were “actually paying less overall” and four per cent were of the opinion that the prices remained unchanged.
Seven per cent of the people said they were unable to differentiate between the prices then and now.
The survey was conducted via the LocalCircles platform and only Indian citizens were registered after validating their documents, the surveyor said.
Around 64 per cent respondents were men while 36 per cent respondents were women.
Forty eight per cent of them were from tier 1 cities and 29 percent from tier 2 cities. The remaining 23 per cent respondents belonged to tier 3 and tier 4 cities, and rural districts

Price rise nightmare, 1 out 4 paying more than double for vegetables

As many as 25 per cent of the people said they had to shell out “25-50 per cent more” while another five per cent people believed they had to burn an additional “50-100 per cent” for the same quantity of vegetables as compared to March.

One did not need the 6.9% inflation print on CPI&nbsp;to know that prices especially food prices are surging through the roof.&nbsp; A survey done by&nbsp;LocalCircles,&nbsp;nine out of every 10 households in India are &ldquo;feeling the pinch&rdquo; of rising prices of vegetables in the last 30 days As many as 25 per cent of the people said they had to shell out &ldquo;25-50 per cent more&rdquo; for the&nbsp;same quantity of vegetables as compared to March. The survey was conducted in 311 districts&nbsp; and&nbsp; had 11,800 responses.&nbsp; Prices of essentials like lemons have reached record high retailing for as high as Rs 15/piece , while edible oil burdening budgets by rising to close to Rs 200/litre.&nbsp;

LocalCircles, which conducted the survey, said it received 11,800 responses from citizens residing in 311 districts across India

About nine out of every 10 households in India are &ldquo;feeling the pinch&rdquo; of rising prices of vegetables in the last 30 days, according to a survey.
Also watch/read|&nbsp;<a title="Petrol diesel prices unchanged for 7 days, is the worst over?" href="https://www.editorji.com/business-news/petrol-diesel-prices-unchanged-for-7-days-is-the-worst-over-1649824761085">Petrol diesel prices unchanged for 7 days, is the worst over?</a>
LocalCircles, which conducted the survey, said it received 11,800 responses from citizens residing in 311 districts across India and claimed that around 87 per cent of Indian households are "affected" by the rising prices of vegetables since March.
Of these, 37 per cent of the respondents said they were experiencing an increased spending of over 25 per cent on vegetables.
LocalCircles said findings of the survey indicate that prices of some vegetables skyrocketed in the last month.
Also watch/read | <a title="CNG, PNG prices see steep hike, check prices here&nbsp;" href="https://www.editorji.com/business-news/economy/cng-png-prices-see-steep-hike-check-prices-here-1649818764419">CNG, PNG prices see steep hike, check prices here&nbsp;</a>
Thirty six per cent of the respondents said they were paying &ldquo;10-25 per cent more&rdquo;, while another 14 per cent said they were paying &ldquo;0-10 per cent more&rdquo; for the same quantity of vegetables now compared to last month.
As many as 25 per cent of the people said they had to shell out &ldquo;25-50 per cent more&rdquo; while another five per cent people believed they had to burn an additional &ldquo;50-100 per cent&rdquo; for the same quantity of vegetables as compared to March.
Seven per cent of those surveyed claimed they were paying more than double the amount for the same quantity.
Only 2 per cent of the repondents said they were &ldquo;actually paying less overall&rdquo; and four per cent were of the opinion that the prices remained unchanged.
Seven per cent of the people said they were unable to differentiate between the prices then and now.
The survey was conducted via the LocalCircles platform and only Indian citizens were registered after validating their documents, the surveyor said.
Around 64 per cent respondents were men while 36 per cent respondents were women.
Forty eight per cent of them were from tier 1 cities and 29 percent from tier 2 cities. The remaining 23 per cent respondents belonged to tier 3 and tier 4 cities, and rural districts

Fuel tax cut latest news: As Rishi&nbsp;Saunak&nbsp;laid out UK's spring budget the plan was clear, it was a fire fighting mission against soaring prices leading to a cost of living crisis in Britain.&nbsp;Rishi Sunak announced a $7.9 billion tax cut for workers, slashed fuel duty by a record amount and signaled a future reduction in income tax. The UK Chancellor made dramatic cuts as citizens face the most severe price rise in 30 years.&nbsp;Britain&rsquo;s inflation rate surged to 6.2% and is expected to sky rocket to&nbsp;8.7% by year end which would be the highest since 1982.&nbsp;Britain now has the second-highest annual inflation rate among G7 countries, behind only the United States as global commodity and energy prices soar, escalated by Russia&rsquo;s invasion of Ukraine.

UK cuts taxes on fuel by most on record to fight cost of living crisis

Britain now has the second-highest annual inflation rate among G7 countries, behind only the United States as global commodity and energy prices soar, escalated by Russia’s invasion of Ukraine.

Cost of living crisis in UK: Big tax cuts announced

Chancellor Rishi Sunak:&nbsp;&nbsp;&ldquo;Not by one, not even by two, but by 5p per litre. The biggest cut to all fuel duty rates &ndash; ever.

Fuel tax cut latest news: As Rishi&nbsp;Saunak&nbsp;laid out UK's spring budget the plan was clear, it was a fire fighting mission against soaring prices leading to a cost of living crisis in Britain.&nbsp; Rishi Sunak announced a $7.9 billion tax cut for workers, slashed fuel duty by a record amount and signaled a future reduction in income tax. The UK Chancellor made dramatic cuts as citizens face the most severe price rise in 30 years.&nbsp;Britain&rsquo;s inflation rate surged to 6.2% and is expected to sky rocket to&nbsp;8.7% by year end which would be the highest since 1982.&nbsp; Britain now has the second-highest annual inflation rate among G7 countries, behind only the United States as global commodity and energy prices soar, escalated by Russia&rsquo;s invasion of Ukraine.

price rise

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