Rising food prices biggest concern for Indians

Monday, 26 July 2010, 14:35 IST   |    7 Comments
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Rising food prices biggest concern for Indians
New Delhi: Rising food prices is the biggest concern for people in the country. The concern over increasing food prices has become so big that it has replaced respondents' concern over jobs and the economy. According to the Nielsen Company survey, the overall inflation average for April stood at 9.6 percent as compared to 1.3 percent in the same month of previous year. The concern over rising food prices will continue to remain the biggest concern for Indians in the next six months, the survey said. "Increasing food prices is a major concern that has been bothering Indians for some time now. This rise in the price index is on account of dearer food articles and fuel products. Concrete steps needs to be taken to curb the increasing prices," said Piyush Mathur, president, India, The Nielsen Company. Indians' concern for increasing food prices is followed by their concern for work/life balance (12 percent) and terrorism (12 percent). The public concern over terrorism in India is the second highest globally, behind Turkey. The economy, global warming, children's education (all 8 percent), job security and parents' welfare and happiness (both 7 percent), are some other issues bothering Indians. India ranks first for its public concern over global warming. According to survey, nearly seven in 10 Indians (69 percent) think that the country is currently not in an economic recession. Out of those who think that India is currently in an economic recession, 64 percent think that the country will be out of recession in the next 12 months. The survey was conducted among 27,000 Internet users in 48 countries May 10-26.
Source: IANS