Understanding inflation through papaya

Among all the fruits available in Mumbai markets, papaya is unarguably the most value for money. At Rs.20/kg, it is also the cheapest in market. Cheaper than most vegetables too. Tomato’s are Rs.24/kg, Carrots Rs. 40/kg and Capsicum (bell pepper) Rs.38/kg. It’s not just the price that makes papaya a good value for money though. Among fruits, papaya has managed to maintain a healthy hit-miss ratio when it comes to taste. My experience has been that 6 out of 10 papayas tend to be exceptional in quality, 3 tend to be average and 1 below average. I have never had a bad papaya in a few years now.

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