New Delhi, Sep 8
The price of home-cooked vegetarian and non-vegetarian thalis declined 7 per cent and 8 per cent in August (year-on-year), respectively, amid benign commodity prices in India, a report showed on Monday.
The decline in the cost of vegetarian thali was led by a sharp drop in prices of onion, potato and pulses, according to Crisil Intelligence.
Prices of potato and onion declined 31 per cent and 37 per cent on-year, respectively, on a high base. In the year-ago period, potato production had shrunk 5-7 per cent due to blight infestation and weather changes, pushing up the prices.
This year, the production is estimated to be 3-5 per cent higher. For onion, an 18-20 per cent rise in annual production has led to a fall in prices this year.
Prices of pulses declined 14 per cent on-year driven by higher production and stock levels compared with the year-ago period, the report mentioned.