The hike in diesel price will effect on household budgets as cost of essential commodities price in chennai.
Vegetables and fruits are sold at a cheaper rate due to surplus arrivals during winter months. But this year, the market was receiving fewer loads of produce as crop yields were down by about 20 per cent owing to deficit rainfall.
And also fuel price hike would add more burden on traders as transportation charges would increase by 5 per cent and this would be passed on to retail vendors and consumers.However the increase in fuel cost would have effect on all commodities.