Home-cooked veg thali cost jumps 20% on year, says Crisil report
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Increase in prices of vegetables and cooking oils made the meals expensive in the festival month, according to Crisil MI&A’s Roti Rice Rate (RRR) report for October.
An 11% drop in fuel cost – from Rs 903 for a 14.2 kg LPG cylinder in Delhi in September last year to Rs 803 in March this year – prevented a steeper increase in the thali cost.
For the non-vegetarian thali, an estimated 9% year-on-year drop in broiler prices, accounting for 50% of the thali’s cost, nearly offset a sharp rise in vegetable prices, which make up about 22% of the cost.
“The increase can be attributed largely to higher prices of vegetables, which account for as much as 40% of a vegetarian thali cost,” said Pushan Sharma, director – research at Crisil MI&A. “Tomato, potato and onion have all clocked sharp increases in price for varying reasons – excessive rainfall in September in key growing states that delayed arrival of kharif onion; crop damage for tomato amid strong festive demand; and depleting cold storage stocks of potato leading to a price spike,” he said.
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