Homemade food becomes costlier by up to 20% due to a rise in vegetable prices
Vegetables Price Hike: The 'Roti Chawal Dar' report said that the increase in the prices of onion, potato, and tomato has made home-cooked food expensive. However, an 11% decline in fuel costs on an annual basis helped limit the rise in food costs. Vegetable prices also accounted for 22% of the cost of a non-vegetarian thali.
Due to the increase in the prices of vegetables, homemade food- both vegetarian and non-vegetarian- became more expensive by as much as 20% on a year-on-year basis in October 2024. According to the report released by rating agency Crisil on Wednesday, a vegetarian thali has turned costlier by 20% from Rs 27.8 a year ago to Rs 33.3 per plate. Its price was Rs 31.3 in September 2024. In the meantime, the non-vegetarian thali turned out to be dearer by 5.11% on a yearly basis to Rs 61.6 per plate. It was priced at Rs 58.6 in October 2023 and Rs 59.3 in September.
Roti Chawal Rate's report said a rise in the prices of onion, potato, and tomato resulted in an increase in the cost of homemade food. But an 11% year-on-year decline in fuel costs prevented a sharp rise in food costs. Prices of vegetables accounted for 22% of the cost of a non-vegetarian 'thali' also.
The report said Tomato prices in October rose 120.68% to Rs 64 per kg from Rs 29 in the same period a year ago. The arrival of tomatoes has been affected by rains. Onion prices are up 46% year-on-year. Potato prices up 51%.