
The cost of a home-cooked vegetarian thali rose 4% year-on-year in July, while a non-vegetarian thali became 9% more expensive, as per Crisil's Roti Rice Report. Onion prices surged 20%, vegetable oil…
The cost of a home-cooked vegetarian thali rose 4% year-on-year in July, while a non-vegetarian thali became 9% more expensive, as per Crisil's Roti Rice Report. Onion prices surged 20%, vegetable oil 11% and LPG cylinders 10% on-year, driven by crop damage in Maharashtra and supply disruptions linked to the West Asia conflict. The increase was partly offset by a 12% drop in potato prices and a 2% fall in tomato prices.
Month-on-month, the veg thali cost 2% more, while the non-veg thali remained flat. Broiler prices, which account for half the non-veg cost, rose an estimated 14% on-year. Crisil expects onion prices to stay firm due to tight rabi supplies and delayed kharif arrivals, while potato and tomato prices may see moderate increases in the coming months.
Blaming the government alone for the thali cost rise ignores weather damage to crops and the global energy crunch from the West Asia war. Onion supplies were hit by unseasonal rain and hailstorms in Maharashtra, not policy failure. Meanwhile, lower potato and tomato prices offered some relief. The real test lies ahead: will kharif onion arrivals in September meet demand, or will festive buying push costs higher still?
Source: livemint.com
This story was synthesised by AI from the source linked above.