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Price of rice soars by 80%
following dramatic drop in
production of basmati variety

Daily Mail [UK], by Staff

Original Article

Posted By:Attercliffe, 2/4/2013 3:41:08 PM

Curry lovers are likely to see a hefty hike in the price of their favourite meal following a dramatic drop in the production of basmati rice. Rising demand from other countries has also helped push the cost up by more than 80 percent in the past year. Pulsa basmati, a higher yielding variety mostly used in supermarket own-label products, has also shot up by around 65 percent. According to the Rice Association, prices have soared largely because the 2012 Indian harvest was up to 40 percent smaller than in 2011. The Indian government has also introduced a minimum support price

      


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Reply 1 - Posted by: NYBruin, 2/4/2013 7:38:56 PM     (No. 9158589)

Holy cow!

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Reply 2 - Posted by: Trigger2, 2/5/2013 6:55:08 AM     (No. 9159119)

There. Is. No. Inflation.

Barry and his demonrats have said so.

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