These commodities are essential to both the Love hope cancer shirt of the country and to its economy. Therefore, any shortfall can result in high prices quickly. Over the past few years, these essential commodities have seen price rises ranging from 72 percent to 158 percent. The hikes in price are caused by both the demand and the supply of these commodities. India’s increasing population is one of the main factors in price hikes. The demand exceeds the supply by a huge margin and the demand keeps growing as the population increases.
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In addition, changing Love hope cancer shirt have increased the demand for certain commodities well beyond what can be supplied. From a supply perspective, factors such as uncertain weather, lack of cold storage and lack of warehousing facilities play a huge role in pushing prices up. A very high percentage of vegetables and fruits are wasted because of inadequate cold storage facilities, affecting supply and raising prices. Commodities such as petroleum, which are imported to a large extent, are subject to international prices.
Therefore, the moment there is a global shortage or global price hike, these commodities become dearer. From a supply perspective, factors such as uncertain weather, lack of cold storage and lack of warehousing facilities play a huge role in pushing prices up.
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