Home-cooked veg thali cost rises 12% in Oct on higher onion, oil, rice, LPG prices: Report

New Delhi: The cost of a home-cooked vegetarian thali rose 12 percent year-on-year in October, driven by higher prices of onion, tomato, vegetable oil, rice and LPG, according to a report.

Non-vegetarian thali increased 9 percent as the increase in broiler prices was slower, according to Crisil's monthly Roti Rice Rate report.

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The cost of preparing a vegetarian thali increased to Rs 31.2 in October from Rs 27.8 a year ago, while the non-vegetarian thali cost rose to Rs 59.2 from Rs 54.4 in a year ago period, the report said.

On a month-on-month basis, the cost of vegetarian thali increased 1 percent in October, whereas the non-veg thali cost was down 1 percent.

Onion prices more than doubled on-year to Rs 53 per kg, driven by a 5-6 percent decline in rabi production, depleted inventories and delayed kharif arrivals, which typically begin in October, Crisil said.

Tomato prices increased 6 percent year-on-year due to delayed kharif arrivals from key southern and western producing regions, coupled with festive demand, the report said.

Rice prices rose 10 percent year-on-year, driven by 40 percent decline in October arrivals due to delayed harvesting, alongside market speculation about a shortage of fine and super-fine varieties.

Meanwhile, vegetable oil prices increased 13 percent year-on-year, supported by geopolitical uncertainty and concerns over the impact of El Nino conditions on palm oil production, Crisil said.

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The cost of a non-veg thali rose slower as broiler prices, which account for nearly half of the meal's cost, increased only 5 percent year-on-year, the report said.

On-month, the cost of a non-veg thali fell as broiler prices declined 2 percent month-on-month due to weaker demand during the festive period, more than offsetting the increase in the prices of other thali components, report added.

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