Residents of Bengaluru are facing a significant price hike in essential commodities. After an increase in cooking oil prices by ₹3 per liter, rice prices have now surged by 10%. Traders predict a further increase of up to ₹10 per kg in the coming days due to rising exports and a decrease in paddy supply. This trend is expected to heavily impact middle and lower-income families as well as the hotel industry, potentially leading to higher meal costs.
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