New Delhi: The price of a home-cooked vegetarian thali went up by 7% year-on-year in March 2024. While the price in March this year was Rs 27.3, it was Rs 25.5 in the same month last year, a report from CRISIL rating agency said.
In the same period, the agency found that the price of a home-cooked non-vegetarian thali went down by 7%.
The veg thali price went up because prices of onion, tomato and potato rose 40%, 36%, and 22% year-on-year, The Statesman quoted CRISIL as saying.
The decrease in the cost of the non-veg thali was due to a 16% year-on-year fall in broiler prices, The Indian Express reported.
Pushan Sharma, director – research, CRISIL Market Intelligence and Analytics, said, “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 forward, we expect wheat prices to decline with fresh harvest arriving in the market and tomato prices to stay benign, but onion prices could see some near-term firming up because rabi harvest is seen 20 per cent lower,” Sharma continued.
