For the non-vegetarian thali, the average cost was Rs61.4, falling 9 percent in September. It is majorly due to a two to three percent estimated month-on-month increase in prices of broiler as it contributes more than 50 percent to the total thali cost. This, however, compares to a non-veg thali price of Rs61 in September the previous year.
Cost of household cooking fuel declined 18 percent month-on-month in September. Price of a 14.2 kg LPG cylinder fell to Rs903 from Rs1,103. Fuel cost accounts for 14 percent and 8 percent of the total cost of vegetarian and non-vegetarian thalis, respectively.
Overall, prices of chillies also provided some relief by cooling off 31 percent month-on-month.
The latest inflation data of August shows food price-led inflation eased to 9.9 percent from 11.5 percent, driven by vegetables inflation at 26.1 percent, cereals inflation at 11.9 percent and pulses inflation at 13 percent, cooling off a bit compared to the previous month. Crisil expects a correction in vegetables inflation in the coming months, but some rigidity in cereals and pulses inflation.
After surging to 37.4 percent in July, vegetables inflation softened to 26.1 percent in August. Vegetable prices fell by a seasonally adjusted 7.9 percent month-on-month after a rise of 28.9 percent. Tomato inflation eased to 180.3 percent from 202.1 percent.
Forbes India"s monthly series "How India Eats" takes a look at how the average price of a food plate in India changes every month, indicating the impact on the common man"s expenditure, by analysing the Indian thali.
First Published: Oct 05, 2023, 12:40
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