Ready-made food prices may stay high as input, packaging costs rise

Ready-made food prices are likely to stay high due to increased input and packaging expenses. Inflation in these products accelerated to nine percent year-on-year in July. Key commodity prices like tomatoes and edible oil have seen significant year-on-year increases. Higher costs for spices, herbs, and seeds are also contributing to price pressures. These elevated expenses are gradually being passed on to consumers.