Diwali gets costlier: Why rising milk, ghee, butter and dry fruit prices are squeezing festive budgets
Mint · Anjali Thakur ·
Higher prices of dairy products, almonds, pistachios and other ingredients are raising the cost of homemade sweets, packaged mithai and corporate Diwali hampers. Supply constraints and rising food inflation are adding to the pressure on festive budgets.
Diwali celebrations are set to put additional pressure on household budgets this year, with rising prices of everyday ingredients making festive preparations more expensive. From homemade laddoos and barfis to boxes of kaju katli and other traditional sweets, higher raw material costs are pushing up expenses for households and sweet manufacturers preparing for the festive rush.
The impact extends beyond mithai counters. Higher prices of cooking essentials, along with the cost of LPG used in household kitchens, are adding to the expense of preparing festive meals. India had also faced LPG supply shortages earlier this year amid the conflict in the Middle East, creating additional pressure on consumers ahead of the festive season.
Why are dairy products getting more expensive ahead of Diwali?