Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 07, 2023

Soaring Tomato Prices Made Veg Thali Costlier By 28% In July: Report

Soaring Tomato Prices Made Veg Thali Costlier By 28% In July: Report
(Photo by Waldemar on Unsplash)

Preparing a 'vegetarian thali' got dearer by 28% in July as compared to June because of the soaring tomato prices, an arm of a rating agency said in a report on Monday.

A non-vegetarian thali was relatively less impacted and the price of preparing one went up by only 11%, Crisil's 'Roti Rice Rate' report for August said.

The inflation in the thalis is largely driven by the 233% jump in tomato prices to Rs 110 per kilogramme in July from Rs 33 in June, the report said.

Crisil said the average cost of preparing a thali at home is calculated based on input prices prevailing in north, south, east, and west India.

This is the third consecutive month of inflation in the cost of thali, it said, adding that this is the first time in FY24 when the prices have got dearer from a on-year perspective as well.

The prices of onion and potato increased 16% and 9% on-month, respectively, contributing further to the increase in cost, the report said.

Chilli prices were up by 69% in July over June, but as the quantity required in food preparation is lower, the impact on thali preparation is limited, Crisil said.

For the non-vegetarians, the thali cost hike was tempered by a 3-5% decline in the cost of broiler chicken, which comprises half of the costs, the report said.

A 2% on-month decline in the price of vegetable oil provided some respite from the increase in cost of both thalis, it said.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search