Prices of veg and non-veg thalis rise sequentially in May: CRISIL

The cost of veg and non-veg thali alike, on the decline since October 2022, nosed up on a sequential basis in May 2023, according to CRISIL's Roti Rice Rate (RRR) report which is the rating agency's monthly indicator of food plate cost.

The RRR report said that the cost of veg and non-veg thalis declined 9% and 4% on-year, respectively, in May due to a steep decline in prices of vegetables and cooking oil, which account for 25% of the total cost of a veg thali, but increase in prices of cereals, pulses, chicken, and eggs capped the reduction.

The decline in thali cost was supported by an on-year decline of 35% in vegetable prices and 19% in cooking oil prices in May. High prices of wheat, which spurted 8% on-year in May, has limited the decline in thali cost.


Prices of rice and pulses inched up 10% and 4% on-year, respectively, in May 2023, preventing further decline in the cost of a veg thali. Broiler prices are estimated to have risen by up to 2% on-year, limiting the decline in non-veg thali cost to a slower 4% on-year in the month.
However, month-on-month, chicken prices are estimated to have risen 5-7%, leading to 4% increase in non-veg thali cost