Home / Business and Economy / Thali Costs Drop: Veg & Non-Veg Prices Fall Sharply
Thali Costs Drop: Veg & Non-Veg Prices Fall Sharply
8 Dec
Summary
- Vegetarian and non-vegetarian thali costs decreased significantly year-on-year in November.
- Improved vegetable supply and falling pulse prices contributed to the cost reduction.
- Future onion prices may rise, while potato and pulse costs are expected to stabilize.
The cost of dining on thalis, both vegetarian and non-vegetarian, experienced a notable decline of 13% in November compared to the previous year. This reduction is largely attributed to easing prices for essential vegetables and pulses. Factors such as increased tomato arrivals, a correction in potato prices from a high base, and a sharp fall in onion costs due to abundant supply and reduced exports significantly impacted thali expenses.
Looking ahead, the market anticipates a potential firming of onion prices as the rabi stock is depleted and kharif harvesting faces delays. Conversely, potato prices are expected to soften further with the release of cold-storage inventory. Pulse prices are forecast to remain range-bound, influenced by import duties on yellow peas and unrestricted imports of black gram, which moderate any significant price hikes.
This shift in food commodity prices offers a welcome respite for consumers. The easing of key ingredients like vegetables and pulses directly translates into more affordable meal options. While short-term fluctuations in certain commodities like onions are expected, the overall trend suggests a stable to moderating food cost environment for essential meals.
