Chicken thali cheaper than veg option in January as per Crisil, find out why?
Feb 22, 2024
The cost of home-cooked non-veg thali is down 13% Year-on-Year in January due to lower poultry prices.
The vegetarian thali on the other hand got expensive by almost 5% as a result of the uptick in prices of pulses, rice, onion and tomato in the same period.
The cost of the vegetarian thali was impacted by nearly 35% YoY increase in onion prices and 20% on-year jump in prices of tomato.
Prices of rice, which accounted for 12% of the veg thali cost and pulses that had a 9% share in the overall thali cost rose 14% and 21% on-year, respectively.
In the same period, the non-veg thali cost came down due to 26% decline YoY in broiler chicken prices amid higher production.
Broiler poultry accounts for 50% of the non-vegetarian thali cost.
Broiler poultry prices slipped 8-10% month-on-month, when compared to December prices.
The vegetarian thali cost is down 6% and non-vegetarian thali is cheaper by 8% compared to December rates.
This was due to a 26% MoM dip in onion prices and 16% decline in tomato prices as compared to December.