Usually a staple fruit in most households, buying bananas now will burn a hole in the pockets of consumers. For the first time in over five years, the prices of the fruit have hit record highs.
At wholesale markets in Bengaluru, the yelakki variety has been priced at ₹65 per kg, while retail prices have crossed ₹90 at several places, including HOPCOMS.
It has also crossed the ₹100 mark on online platforms. This trend is expected to continue for at least the next six months as arrivals in the markets have taken a drastic hit.
