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Decreased tomato arrivals by 8 percent in June increased its cost; potato prices jumped 4 percent while onion rates were steady

How India eats: Thali prices rise again on high vegetable costs

 Rising prices of key essential food items have started to pinch once again. Costs of tomato and potato increased by 36 percent and 4 percent respectively month-on-month in June which drove overall thali prices, shows an analysis by Crisil. Decreased tomato arrivals by 8 percent in June shot up its cost while onion prices held steady with no change from the previous month. An estimated 5 percent month-on-month rise in broiler chicken prices also contributed to the overall jump in non-vegetarian thali cost. Broiler chicken prices rose due to reduced supply led by extreme heat which caused higher mortality rate and slower growth of chickens, says Crisil. However, on a yearly basis, both vegetarian and non-vegetarian thali costs were low. Tomato prices declined by 24 percent year-on-year to Rs32 per kg in June due to high base effect amid yields concerns last year. Similarly, prices of potato and onion declined by 20 percent and 27 percent year-on-year respectively over a high base. Last year, production of potato dropped by 6 percent due to blight infestations and climatic changes, while rabi onion production declined by 20 percent amid decline in acreages and yield.Also read: How India Eats: Thali prices cool off further in MayDespite a reduction in basic customs duty on crude edible oils, vegetable oil prices surged 19 percent year-on-year as price reduction has not yet been completely passed to the customers. Additionally, a 6 percent year-on-year increase in LPG cylinder prices limited the decline in the overall cost of a thali.An estimated 3 percent year-on-year fall in prices of broiler chicken led to a decline in non-vegetarian thali cost on a yearly basis. The average cost of a thali is calculated based on input prices in north, south, east and west India. The data reveals the ingredients (cereals, pulses, broiler poultry, vegetables, spices, edible oil, cooking gas) driving changes in the cost of a thali.(Forbes India&quot;s monthly series &quot;How India Eats&quot; takes a look at how the average price of a food plate in India changes every month, indicating the impact on the common man&quot;s expenditure) 

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How India eats: Thali prices rise again on high vegetable costs

Decreased tomato arrivals by 8 percent in June increased its cost; potato prices jumped 4 percent while onion rates were steady

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