The price of the veg thali elevated because of a surge of 40 per cent, 36 per cent and 22 per cent on-12 months in costs of onion, tomato and potato, respectively.
The price of a vegetable thali, which contains roti, greens (onions, tomatoes and potatoes), rice, dal, curd and salad, elevated to Rs 27.3 per plate in March 2024 from Rs 25.5 in March 2023
A vegetarian thali grew to become costlier by 7 per cent 12 months-on-12 months (YoY) in March 2024 primarily on account of dearer onion, tomato and potato amid decrease crop arrivals. However, the price of non-veg thali in March 2024 declined 7 per cent YoY because of a fall in broiler costs, in response to the month-to-month “Roti Rice Rate” report launched by Crisil’s ‘Market Intelligence and Analysis’ on Thursday.
The Cost Of A Veg Thali
The price of a vegetable thali, which contains roti, greens (onions, tomatoes and potatoes), rice, dal, curd and salad, elevated to Rs 27.3 per plate in March 2024 from Rs 25.5 in March 2023, it stated.
“The cost of the veg thali increased due to a surge of 40 per cent, 36 per cent and 22 per cent on-year in prices of onion, tomato and potato, respectively, due to lower arrivals of onion and potato and low base of last fiscal for tomatoes,” it stated. The report stated rice and pulses have additionally received costlier by 14 per cent and 22 per cent, respectively.
However, the thali was cheaper when put next with the Rs 27.4 in the previous month of February 24.
The Cost Of A Non-Veg Thali
In the case of non-veg thali, which contains all the identical substances however dal will get changed by rooster, the worth declined to Rs 54.9 in March 2024 as in contrast with Rs 59.2 a 12 months in the past. However, it was greater as in comparison with February 2024, when the price of a non-veg thali had stood at Rs 54.
The decline in non-veg thali on a yearly foundation was because of a 16 per cent on-12 months fall in broiler costs, which has a 50 per cent weightage in the general worth.
However, on a month-to-month foundation, the price of a non-veg thali elevated because of an estimated 5 per cent enhance in broiler costs because of greater
demand amid Ramadan coupled with rising feed prices.
Pushan Sharma, director (analysis) at CRISIL Market Intelligence and Analytics, stated, “For the past five months, there has been a divergence in the cost of vegetarian and non-vegetarian food plates. While veg plate has become expensive on-year, non-veg is cheaper. The divergence is because broiler chicken prices have fallen owing to excess supply.”
Going ahead, wheat costs are anticipated to say no with contemporary harvest arriving in the market and tomato costs to remain benign, however onion costs may see some close to-time period firming up as a result of rabi harvest is seen almost 20 per cent decrease, he stated.
