According to a report released on Wednesday, the price of a typical home-cooked vegetarian thali rose by 5 percent compared to last year in January, whereas the cost of a non-vegetarian thali decreased by 13 percent.
As per 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 the decline in poultry rates helped in the fall in non-veg thali rates.
The report stated that the price of the vegetable thali rose as a result of a year-on-year surge of 35% and 20% in the prices of onions and tomatoes, respectively.
The report further mentioned that the prices of rice, which constitute 12% of the vegetable thali cost, and pulses, making up 9%, also experienced year-on-year increases of 14% and 21%, respectively.
The drop in the price of the non-vegetarian thali, meanwhile, was attributed to a 26 percent decrease in broiler prices in January compared to the previous year, driven by increased production, according to the report.
Yet, in a sequential manner, the prices of the vegetarian and non-vegetarian thalis dropped by 6 percent and 8 percent, respectively.
The reduction in expenses was attributed to a 26 percent decrease in onion prices and a 16 percent decrease in tomato prices month-on-month, driven by increased domestic onion supply due to export restrictions and the arrival of fresh tomatoes from northern and eastern states, as outlined in the report.
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The drop in the price of the non-vegetarian thali accelerated due to an 8-10 percent decrease in broiler prices month-on-month, which constitute 50 percent of the total cost, as stated.