A day after the government released data underlining that the Wholesale Price Index-based inflate rate fell to a seven-and-a-half-year low in May, the Congress said the data was misleading and claimed that only wholesalers and the government were benefiting from the falling prices and the benefit was not being passed on to the end consumer.
Addressing a press conference at the party headquarters here today, Congress spokesperson Prof. Gourav Vallabh asked, “When the prices of most essential commodities are falling in the wholesale market, why are the benefits of falling prices not being passed on to the final consumers? Who is pocketing the profits?”
The producer of these goods and the farmers both continue to get lower prices while retailers are selling them at higher rates, he added.
