The cost of representative home-cooked veg and non-veg thalis increased 10% and 5% on- month, respectively.
As per CRISIL’s latest monthly indicator of food plate cost in India, home-cooked vegetarian and non-vegetarian thalis (food plate) get costlier in November as onion and tomato prices rise.
CRISIL MI&A Research estimates revealed that in November, the cost of representative home-cooked veg and non-veg thalis increased 10% and 5% on- month, respectively.
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Key reasons
The uptick was attributable to a substantial 58% and 35% on-month increase in onion and tomato prices, respectively, prompted by festive demand and lower output in the kharif season due to erratic rainfall conditions.
On-month, the cost of the non- veg thali increased at a slower pace than that of the veg thali because of a marginal 1-3% decline in prices of broilers, which account for ~50% of the non-veg thali cost.
The cost of the veg thali rose 9% on-year, driven by a 93% and 15% increase in onion and tomato prices, respectively.
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Prices of pulses, which account for ~9% of the veg thali cost, also increased 21% on-year.
The average cost of preparing a thali at home is calculated based on input prices prevailing in north, south, east, and west India.
Monthly change reflects the impact on the expenditure of common people.
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October data
In October, both vegetarian and non-vegetarian thalis prepared at home witnessed a relief as the month saw a drop in prices of potato, tomato and broiler.
The dip was due to a significant 21% and 38% on-year decline in the prices of potato and tomato, respectively, in the month.
In September, the cost of a vegetarian thali fell 17% on-month in September. The major contribution was from tomato prices, which declined ~62% on-month to Rs 39/kg in September 2023 from Rs 102/kg in August.
