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Veg Thali Cost Increases In Jan; Non-Veg Thali Rates Fall

According to Crisil Market Intelligence and Analytics (MI&A) Research 'Rice Roti Rate' estimates, the rise in prices of ingredients like pulses, rice, onion and tomato made home-cooked veg thali costlier in January, while decline in poultry rates helped in the fall in non-veg thali rates

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The cost of a representative home-cooked vegetarian thali has witnessed a 5 per cent on-year increase in January, while that of the non-veg thali declined 13 per cent, a report said on Wednesday.

According to Crisil Market Intelligence and Analytics (MI&A) Research 'Rice Roti Rate' estimates, the rise in prices of ingredients like pulses, rice, onion and tomato made home-cooked veg thali costlier in January, while decline in poultry rates helped in the fall in non-veg thali rates.

The cost of the veg thali increased due to a surge of 35 per cent and 20 per cent year-on-year in prices of onion and tomato, respectively, said the report.

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Prices of rice (accounting for 12 per cent of the veg thali cost) and pulses (9 per cent) also increased by 14 per cent and 21 per cent y-o-y, respectively, it added.

Meanwhile, the decline in the cost of the non-veg thali was due to a 26 per cent fall in broiler prices in January, compared to the same month last year, amid higher production, the report stated.

However, sequentially, the cost of the veg and non-veg thalis fell 6 per cent and 8 per cent, respectively.

The ease in cost was due to a decrease of 26 per cent and 16 per cent month-on-month prices of onion and tomato, respectively, with higher domestic supply of onion amid export curbs and fresh tomato arrivals from the northern and eastern states, the report said.

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The cost of the non-veg thali declined faster due to an 8-10 per cent month-on-month dip in prices of broilers, which account for 50 per cent of the cost, it added.

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