The cost of a vegetarian thali in India declined 17 per cent in September compared to August, primarily due to a decrease in tomato prices, according to a “Roti Rice Rate” report released by Crisil on Thursday. However, when compared to September 2022, the cost of a veg thali was still 1 per cent higher.
Crisil calculates the average cost of preparing a thali at home based on input prices from northern, southern, eastern, and western India. The monthly variation in cost offers an insight into the impact on the average consumer’s expenditure.
Another factor contributing to the decline was a 31 per cent month-on-month cooling of chilli prices in September. However, onion prices increased 12 per cent month-on-month, mitigating further reductions in the cost of a veg thali. According to the agency, onion prices are expected to remain high in the coming months due to lower expected output in the kharif season.
The cost of a non-vegetarian thali, which substitutes dal with chicken, decreased 9 per cent month-on-month in September, also impacted by tomato prices. However, a 2 to 3 per cent increase in the prices of broilers offset further reductions in the cost of a non-vegetarian thali. Chicken accounts for over 50 per cent of the total cost of a non-vegetarian thali.