Veg Thali Price Up 8% in April: Report
By Rediff Money Desk, Mumbai May 08, 2024 16:07
A vegetarian thali cost rose 8% in April due to high onion, tomato, and potato prices. Non-veg thali prices fell due to lower broiler costs, according to a Crisil report.
Mumbai, May 8 (PTI) The soaring prices of onions and tomatoes have pushed up the average cost of a vegetarian thali by nearly 8 per cent in April, according to a report released on Wednesday.
However, a decline in broiler price contributed to a decrease in the cost of a non-vegetarian meal, as per Crisil Market Intelligence and Analysis' monthly "Roti Rice Rate" report.
The cost of veg thali, which comprises roti, vegetables (onions, tomatoes and potatoes), rice, dal, curd and salad, increased to Rs 27.4 per plate in April from Rs 25.4 in the year-ago period, and was also marginally higher when compared to Rs 27.3 in March 2024, it said.
The report attributed the overall hike in vegetarian thali price to a 41 per cent increase in onion, 40 per cent in tomato, 38 per cent in potato, 14 per cent in rice and 20 per cent in pulses.
Prices of cumin, chilli and vegetable oil declined 40 per cent, 31 per cent, and 10 per cent, respectively, preventing further increase in the thali cost, it added.
In the case of non-veg thali, which comprises all the same ingredients but dal gets replaced by chicken, the price declined to Rs 56.3 in April as compared to Rs 58.9 in the year-ago period, but was higher when compared with the March price of Rs 54.9 per thali.
A 12 per cent decline in the broiler price, which has a 50 per cent weightage in the overall price, was the primary reason for the decline in the cost of non-veg thali on a year-on-year basis, it said.
When compared to March, the price of non-veg thali increased by 3 per cent due to a 4 per cent increase in the price of broilers, mainly on account of higher demand and high input costs, the report said.
However, a decline in broiler price contributed to a decrease in the cost of a non-vegetarian meal, as per Crisil Market Intelligence and Analysis' monthly "Roti Rice Rate" report.
The cost of veg thali, which comprises roti, vegetables (onions, tomatoes and potatoes), rice, dal, curd and salad, increased to Rs 27.4 per plate in April from Rs 25.4 in the year-ago period, and was also marginally higher when compared to Rs 27.3 in March 2024, it said.
The report attributed the overall hike in vegetarian thali price to a 41 per cent increase in onion, 40 per cent in tomato, 38 per cent in potato, 14 per cent in rice and 20 per cent in pulses.
Prices of cumin, chilli and vegetable oil declined 40 per cent, 31 per cent, and 10 per cent, respectively, preventing further increase in the thali cost, it added.
In the case of non-veg thali, which comprises all the same ingredients but dal gets replaced by chicken, the price declined to Rs 56.3 in April as compared to Rs 58.9 in the year-ago period, but was higher when compared with the March price of Rs 54.9 per thali.
A 12 per cent decline in the broiler price, which has a 50 per cent weightage in the overall price, was the primary reason for the decline in the cost of non-veg thali on a year-on-year basis, it said.
When compared to March, the price of non-veg thali increased by 3 per cent due to a 4 per cent increase in the price of broilers, mainly on account of higher demand and high input costs, the report said.
Source: PTI
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