RRR: Roti Rice Rate

On-year, the cost of home-cooked vegetarian as well as non-vegetarian thalis declined 4% in April

• The on-year decline in the cost of a vegetarian thali was because of a sharp fall in the prices of vegetables
  
  • Tomato prices declined 34% on-year to Rs 21/kg from Rs 32/kg in April 2024, owing to a high base effect amid low crop yield last year
    
  • Potato prices fell 11% on-year on a high base of last year, when the crop was affected by blight infestation and unseasonal rainfall in West Bengal. Onion prices also declined 6% on a high base.
    
• A 19% on-year jump in vegetable oil prices due to a rise in import duty and 6% on-year rise in LPG cylinder prices curtailed a further decline in the cost of both thalis
  
  • Along with decline in vegetable prices, an estimated 4% on-year decline in broiler prices- which comprises ~50% of a non-vegetarian thali’s cost - lowered the cost of a non-vegetarian thali as well. The dip in broiler prices was on account of oversupply and lower demand amid bird flu reported in Maharashtra,Andhra Pradesh, Telangana and Karnataka

• On-month, the cost of vegetarian and non-vegetarian thalis declined 1% and ~2%, respectively, in April 
  • A 2% and 14% on-month fall in potato and onion prices, respectively, contributed towards the dip in the cost of the thalis; tomato prices, though, rose a slight 1%
    
  • An estimated 2% on-month decline in broiler prices further lowered the cost of a non-vegetarian thali