The cost of a typical vegetarian and non-vegetarian thali has gone up in November on a month-on-month basis, mainly due to surging commodity prices, a rating agency said on Wednesday.
The increase in the prices of the veg and non-veg thali in November was attributed majorly to the rise in costs of onions and tomatoes, which impacted the thali. Notably, onion prices increased 58 per cent, while tomato prices were up by 35 per cent, both on a sequential basis, said CRISIL MI&A Research in its report.
The elevation in prices of onion and tomato was due to the fesitve demand and lower output in the Kharif season affected by erratic and uneven rainfall, reported PTI citing the rating agency. The agency further noted that the cost of representative home-cooked veg and non-veg thalis in November increased by 10 per cent and 5 per cent respectively, on a sequential basis. However, the surge in the cost of the non-veg thali remained at a slower pace than that of a veg thali due to a nominal dip of 1-3 per cent in broiler prices. The broiler costs contribute to 50 per cent of the overall cost of a non-veg thali.
At the same time, the veg thali became costlier by 9 per cent on a year-on-year (YoY) basis, due to onion prices which surged 93 per cent and tomato prices which increased 15 per cent respectively. Pulses, which contribute 9 per cent to the overall cost of the veg thali, also saw an increase in prices by 21 per cent on a YoY basis, CRISIL said in the report.
Notably, the average cost of putting together a thali at home is calculated on the basis of input prices prevalent in the North, South, East and West India. These monthly prices are indicative of the effect on the expenditure for the common man. The numbers also display the major ingredients such as cereals, pulses, broilers, vegetables, spices, edible oil, and cooking gas, which are responsible for impacting the change in the cost of the thali.
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