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Economic Times
7 days ago
- Business
- Economic Times
Home-cooked meals become cheaper in July
Synopsis The average cost of home-cooked meals declined in July, with vegetarian thali prices falling 14% year-on-year to ₹28.1 and non-vegetarian thalis dropping 13% to ₹53.5, according to Crisil. The fall was driven by lower prices of tomatoes, onions, potatoes, pulses, and broilers. However, month-on-month, veg meal costs rose slightly due to a spike in tomato prices. IANS The average costs of preparing home-cooked vegetarian and non-vegetarian meals declined in July due to lower prices of vegetables, a report said on Thursday. A vegetarian thali cost dropped 14 per cent year-on-year to Rs 28.1 against Rs 32.6, but was up 4 per cent month-on-month, when compared to Rs 27.1 in June, according to Crisil's Intelligence's Roti Rice Rate report. In the case of a non-vegetarian meal, the prices dropped 13 per cent year-on-year and 2 per cent month-on-month to Rs 53.5 per plate, it added."In the near term, thali prices are expected to remain lower year-on-year, owing to a high base of tomato prices. Anticipated higher production of pulses is also likely to soften prices," its director, Pushan Sharma however, added that the extent of the decline may be limited as potato and onion prices are expected to remain firm going forward. The report explained that a decline in vegetarian thali cost year-on-year was led by a sharp drop in the prices of tomato, onion and potato on a high prices of pulses declined 14 per cent year-on-year, driven by higher production and stock levels compared to the year-ago period, and the cost of rice declined 4 per cent year-on-year, it vegetarian meal prices were higher month-on-month because of a 31 per cent increase in tomato prices and also a marginal increase in potato and onion prices, it said. In the case of non-vegetarian meals, lower vegetable prices and a 12 per cent year-on-year and 9 per cent month-on-month decline in broiler prices helped, it added.
Time of India
7 days ago
- Business
- Time of India
Home-cooked meals become cheaper in July
The average cost of home-cooked meals declined in July, with vegetarian thali prices falling 14% year-on-year to ₹28.1 and non-vegetarian thalis dropping 13% to ₹53.5, according to Crisil. The fall was driven by lower prices of tomatoes, onions, potatoes, pulses, and broilers. However, month-on-month, veg meal costs rose slightly due to a spike in tomato prices. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The average costs of preparing home-cooked vegetarian and non-vegetarian meals declined in July due to lower prices of vegetables, a report said on Thursday.A vegetarian thali cost dropped 14 per cent year-on-year to Rs 28.1 against Rs 32.6, but was up 4 per cent month-on-month, when compared to Rs 27.1 in June, according to Crisil's Intelligence's Roti Rice Rate the case of a non-vegetarian meal, the prices dropped 13 per cent year-on-year and 2 per cent month-on-month to Rs 53.5 per plate, it added."In the near term, thali prices are expected to remain lower year-on-year, owing to a high base of tomato prices. Anticipated higher production of pulses is also likely to soften prices," its director, Pushan Sharma however, added that the extent of the decline may be limited as potato and onion prices are expected to remain firm going report explained that a decline in vegetarian thali cost year-on-year was led by a sharp drop in the prices of tomato, onion and potato on a high prices of pulses declined 14 per cent year-on-year, driven by higher production and stock levels compared to the year-ago period, and the cost of rice declined 4 per cent year-on-year, it vegetarian meal prices were higher month-on-month because of a 31 per cent increase in tomato prices and also a marginal increase in potato and onion prices, it the case of non-vegetarian meals, lower vegetable prices and a 12 per cent year-on-year and 9 per cent month-on-month decline in broiler prices helped, it added.
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Business Standard
7 days ago
- Business
- Business Standard
Thali costs fall in July, defying seasonal trends, says Crisil report
Home-cooked meals became more affordable in July, with the cost of vegetarian and non-vegetarian thalis declining 14 per cent and 13 per cent, respectively, on a year-on-year (y-o-y) basis thanks to a drop in prices of vegetables, broiler and pulses, according to the monthly Roti Rice Rate report released by credit rating agency Crisil on Wednesday. However, on a month-on-month basis, the cost of a vegetarian thali rose 4 per cent in July to hit a six-month high of Rs 28.1, largely driven by a sequential spike in prices of tomatoes as their fresh arrivals declined 27 per cent. The prices of potato and onion also edged up 2 per cent and 5 per cent, respectively, aiding the uptick in thali costs. The average non-vegetarian meal became 2 per cent cheaper than June levels in July at Rs. 53.5, as broiler prices dropped an estimated 9 per cent due to weaker demand during the monsoon and the onset of the Shravan month. Key meal ingredients' prices, however, continued to trend lower from a year ago. Prices of pulses and rice fell 14 per cent and 4 per cent year-on-year, respectively, adding to the downward pressure. However, a 20 per cent rise in vegetable oil prices — despite a cut in basic customs duty — and a 6 per cent increase in liquefied petroleum gas (LPG) cylinder prices limited the overall decline. Tomato prices fell 36 per cent to Rs. 42/kg compared to July 2024, while onion and potato prices declined 36 per cent and 30 per cent, respectively, aided by improved output and favourable weather. Broiler prices, which make up about half the cost of a non-vegetarian thali, also dropped 12 per cent, further easing meal costs. Pushan Sharma, director-research at Crisil Intelligence, said the cost of meals defied the typical seasonal uptick in July, and thali costs are expected to remain lower on-year going ahead, owing to the high base of steep tomato prices last year. 'Anticipated higher production of pulses is also likely to soften prices. However, the extent of the decline may be limited as potato and onion prices are expected to remain firm going forward,' Sharma reckoned. Crisil calculates the average cost of preparing a thali at home based on the input prices prevailing in north, south, east and west India. The monthly change reflects the impact on the common man's food spends. The data also reveals the ingredients such as cereals, pulses, broilers, vegetables, spices, edible oil and cooking gas, that drive the change in the cost of a thali.
News18
7 days ago
- Business
- News18
Home-cooked meals become cheaper in Jul
Agency: PTI Last Updated: Mumbai, Aug 7 (PTI) The average costs of preparing home-cooked vegetarian and non-vegetarian meals declined in July due to lower prices of vegetables, a report said on Thursday. A vegetarian thali cost dropped 14 per cent year-on-year to Rs 28.1 against Rs 32.6, but was up 4 per cent month-on-month, when compared to Rs 27.1 in June, according to Crisil's Intelligence's Roti Rice Rate report. In the case of a non-vegetarian meal, the prices dropped 13 per cent year-on-year and 2 per cent month-on-month to Rs 53.5 per plate, it added. 'In the near term, thali prices are expected to remain lower year-on-year, owing to a high base of tomato prices. Anticipated higher production of pulses is also likely to soften prices," its director, Pushan Sharma said. Sharma, however, added that the extent of the decline may be limited as potato and onion prices are expected to remain firm going forward. The report explained that a decline in vegetarian thali cost year-on-year was led by a sharp drop in the prices of tomato, onion and potato on a high base. Additionally, prices of pulses declined 14 per cent year-on-year, driven by higher production and stock levels compared to the year-ago period, and the cost of rice declined 4 per cent year-on-year, it noted. The vegetarian meal prices were higher month-on-month because of a 31 per cent increase in tomato prices and also a marginal increase in potato and onion prices, it said. In the case of non-vegetarian meals, lower vegetable prices and a 12 per cent year-on-year and 9 per cent month-on-month decline in broiler prices helped, it added. PTI AA BAL BAL view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India Gazette
08-07-2025
- Business
- India Gazette
Cost of home-cooked thalis declines in June (YoY) but edges up on month-to-month basis: Report
New Delhi [India], July 8 (ANI): The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report. In the monthly report titled 'Roti Rice Rate', the average cost of a vegetarian thali (Plate) declined by 8 per cent year-on-year (YoY), while the cost of a non-vegetarian thali was down nearly 6 per cent. The decline in vegetarian thali prices was primarily attributed to a significant drop in key vegetable prices, which had spiked the previous year due to adverse weather and crop diseases. The report added that tomato prices dropped 24 per cent YoY to Rs 32 per kg from Rs 42 a year ago, as last year's lower yields created a high base effect. Potato and onion prices also saw steep declines of 20 per cent and 27 per cent, respectively. In 2024, potato output had fallen by around 6 per cent due to blight infestations and erratic weather, while rabi onion production had shrunk by nearly 20 per cent owing to reduced acreage and yield, the report noted. However, despite the government's move to reduce basic customs duty on crude edible oils, vegetable oil prices surged 19 per cent YoY in June. Crisil Inteligence report says the benefit of reduced import prices is yet to be fully passed on to the consumers. Additionally, a 6 per cent YoY hike in liquefied petroleum gas (LPG) cylinder prices tempered the overall drop in thali costs. For non-vegetarian thalis, the cost decline was aided by a 3 per cent YoY drop in broiler chicken prices, which account for nearly half the cost of a non-veg thali. However, the report observed that on a month-on-month (MoM) basis, both vegetarian and non-vegetarian thalis became costlier, up 3 per cent and 4 per cent, respectively, in June 2025. A sharp 36 per cent MoM spike in tomato prices, triggered by an 8 per cent decline in market arrivals, played a key role in driving up costs. Potato prices rose 4 per cent MoM, while onion prices remained stable. Meanwhile, broiler chicken prices increased by 5 per cent MoM, pushed by reduced poultry supply due to extreme heat, which impacted bird mortality and slowed growth rates. While the year-on-year trend offers some relief to households, the monthly uptick reflects continued volatility in food inflation, particularly in perishables and protein sources. (ANI)
