Tomato prices may be cooling from recent highs, but pulses could play the next spoilsport in the battle against inflation, with a below-par monsoon in August dragging down the sown area for pulses in the Kharif season by almost 10% from a year ago.
While a 37% surge in vegetable prices had fired up retail inflation to a 15-month high of 7.4% in July, prices of pulses have also risen sharply in recent months, speeding to 13.3% in July from 10.6% in June.