3 weeks ago

Vegetarian Thali Cost Hits 7-Month High As Onion Prices Surge

Vegetarian Thali Cost Hits 7-Month High As Onion Prices Surge
Onion, LPG prices push home-cooked thali costs up 9% in July: Crisil · livemint.com

Imagine your family cooks a meal at home every day.

In July, that meal got a little more expensive to make.

A report from Crisil Intelligence says a vegetarian meal cost about ₹29.1 in July.

That is about 2% more than the month before, and the highest in seven months.

The main reason is onions — they got much more expensive.

Bad weather hurt onion crops and stores in Maharashtra earlier in the year.

Cooking oil and cooking gas also cost more than last year.

A meal with chicken or meat cost the same as last month, but more than last year because chicken prices went up.

So some dinners now cost a bit more, mostly because of onions and other ingredients going up.

Key facts

Vegetarian thali cost (July)
₹29.1
Vegetarian thali cost (June)
₹28.4
Monthly / annual change in vegetarian thali
+2% / +4%
Non-vegetarian thali cost (July)
₹58.3 (unchanged from June)
Annual change in non-vegetarian thali
+9%
Onion price change (monthly / annual)
+23% / +20%
Vegetable oil / LPG price change (annual)
+11% / +10%
Report source
Crisil Intelligence Roti Rice Rate report

Quotes

Pushan Sharma

Director of Crisil Intelligence

“"Onion prices are expected to remain firm due to tight rabi supplies and an expected delay in kharif onion arrivals. Potato prices may inch up as high-priced cold-storage stock is released into the market, while tomato prices will likely remain stable in the near term, supported by fresh arrivals from the south, before strengthening from September on account of delayed kharif arrivals and seasonal festive demand"”
livemint.com
“"Higher onion, edible oil and LPG prices kept the costs elevated for both thali categories. Onion prices rose on tighter supply following weather-related damage to crops and inventories in Maharashtra, which accounts for 40% share in India"”
livemint.com

Sources

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