Due to the decline in vegetable and pulse prices, home-cooked vegetarian and non-vegetarian meals were 13% cheaper in a year. According to Crisil Ratings, the price of a vegetarian meal came down to ₹32.7 in November 2024 from ₹53.8 in November 2024.
According to Crisil, on a monthly basis, the price of a non-vegetarian thali in October was ₹54.4, and that of a vegetarian thali was ₹27.80. The average cost of preparing a thali at home is calculated based on prices in North, South, East, and West India. Potato and tomato prices increased by 5% and ₹27.80, respectively, increasing the overall cost of the thali. Prices of other major commodities remained roughly stable.
Due to excess supply, the tomato price plunged 17% versus last year's level. Similarly, the potato price declined 29% during this period due to a high base. Onion prices decreased by 53% owing to excess stock availability from the previous Rabi season and weak exports. Pulse prices fell 17% in the current financial year amid increased stock availability, encouraged by higher imports.
The price of vegetable oil and gas cylinders increased by 6% due to increased demand during the festive season. This limited the decline in the overall cost of the thali. The price of the non-vegetarian thali has fallen due to a 12 percent drop in chicken prices, which accounts for about 50 percent of the total cost. Lower prices of vegetables and pulses have also contributed to the decline.
Due to the decline in vegetable and pulse prices, home-cooked vegetarian and non-vegetarian meals were 13% cheaper in a year. According to Crisil Ratings, the price of a vegetarian meal came down to ₹32.7 in November 2024 from ₹53.8 in November 2024.
According to Crisil, on a monthly basis, the price of a non-vegetarian thali in October was ₹54.4, and that of a vegetarian thali was ₹27.80. The average cost of preparing a thali at home is calculated based on prices in North, South, East, and West India. Potato and tomato prices increased by 5% and ₹27.80, respectively, increasing the overall cost of the thali. Prices of other major commodities remained roughly stable.
Due to excess supply, the tomato price plunged 17% versus last year's level. Similarly, the potato price declined 29% during this period due to a high base. Onion prices decreased by 53% owing to excess stock availability from the previous Rabi season and weak exports. Pulse prices fell 17% in the current financial year amid increased stock availability, encouraged by higher imports.
The price of vegetable oil and gas cylinders increased by 6% due to increased demand during the festive season. This limited the decline in the overall cost of the thali. The price of the non-vegetarian thali has fallen due to a 12 percent drop in chicken prices, which accounts for about 50 percent of the total cost. Lower prices of vegetables and pulses have also contributed to the decline.