'Roti Rice Rate' in June: Veg thali costs rise 10%, non-veg thali down 4% last month, says CRISIL report

Roti Rice Rate in June: The average cost of a vegetarian thali increased by 10 per cent in June 2024. Due to a significant rise in the prices of onions, potatoes, and tomatoes, price of the veg thali became dearer, according to a report released on Friday.

On the other hand, the cost of non-vegetarian meal has declined due to fall in broiler prices, according to the monthly "Roti Rice Rates" report by CRISIL Market Intelligence and Analysis.

Roti Rice Rate in June: Vegetarian Thali Meal

The price of a vegetarian thali, which includes roti, vegetables (onions, tomatoes, and potatoes), rice, dal, curd, and salad, rose to Rs 29.4 per plate in June from Rs 26.7 in the same period last year. It was also higher compared to Rs 27.8 in May 2024.

Roti Rice Rate in June: Onion, Tomato, Potato Prices

The overall increase in vegetarian thali prices was attributed to a 30 per cent rise in tomato prices, a 59 per cent increase in potato prices, and a 46 per cent surge in onion prices.

The spike in onion prices was due to reduced arrivals, caused by a significant drop in rabi acreage. Potato prices rose because of lower yields following unseasonal rainfall in March, it said. Tomato prices surged due to a virus infestation in the summer crop, exacerbated by high temperatures in key growing regions of Karnataka and Andhra Pradesh, which led to a 35 per cent year-on-year reduction in tomato arrivals.

Roti Rice Rate in June: Rice, Pulse Prices

Additionally, rice prices increased by 13 per cent due to decreased acreage and subdued arrivals, while pulse prices rose by 22 per cent due to dry spells in key kharif months, the report said.

Roti Rice Rate in June: Non-Vegetarian Thali

In contrast, the cost of a non-vegetarian thali, which includes the same ingredients but with dal replaced by chicken, dropped to Rs 58 in June from Rs 60.5 in the same period last year. However, it was higher compared to May's price of Rs 55.9 per thali.

The decline in non-vegetarian thali costs was attributed to a 14% year-on-year decrease in broiler prices, due to oversupply and lower feed costs.

The report concluded that the overall increase in the prices of both vegetarian and non-vegetarian meals compared to the previous month was primarily due to the rise in vegetable prices.

With the inputs of PTI