Softer tomato, poultry prices lead to decline in home-cooked meal costs in August

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Mumbai ,SEP 6
A decline in the price of tomatoes and poultry in the holy month of Shravan, when many abstain from consuming meat, led to a fall in the price of home-cooked meals in August, a report said on Friday.The cost of a vegetarian meal declined 4 per cent to Rs 31.2 in August from Rs 32.6 per plate in July. This was lower than the price of Rs 34 for a veg meal in August last year, the report by domestic rating agency Crisil said.The price of a non-vegetarian thali declined 3 per cent as compared to the previous month to Rs 59.3, while the same was much wider at 12 per cent when compared to the cost last year, the report said.In its monthly ‘Roti Rice Rate’ report, Crisil said tomato prices came down to Rs 50 per kg — a 23 per cent decline on month and a 51 per cent drop on year — was one of the major reasons for the decline in the meal prices.A veg thali comprises roti, vegetables (onions, tomatoes and potatoes), rice, dal, curd and salad, while in a non-veg thali, the price of dal is replaced with broiler, it said.
The Shravan month led to a decline of up to 3 per cent in broiler prices when compared to July and 13 per cent on-year, which led to a faster decline in the meal prices when compared with last year, it said.Additionally, a 27 per cent drop in fuel cost due to reduction in LPG prices earlier this year, along with decrease in vegetable oil, chili and cumin prices also helped in the reduction of meal costs when compared with the year-ago period.

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