Crisil: Veg thali up 5%, non-veg up 7% YoY in May as tomato jumps 57%
Home-cooked thali costs climbed in May on a 57% YoY spike in tomato prices to Rs 36/kg, an 8% rise in vegetable oils and 7% higher LPG. Crisil expects tomato, potato and onion prices to stay elevated through August, pressuring grocery baskets and QSR margins.
What happened
Crisil reports home-cooked veg and non-veg thali costs rose 5% and 7% YoY in May, driven by 57% higher tomato prices, costlier vegetable oils and LPG. Tomato,
Key facts
- veg thali +5% YoY
- non-veg thali +7% YoY
- tomato Rs 36/kg +57% YoY
- vegetable oil +8%
- LPG +7%
- onion rabi -5%
Why this matters
Elevated TOP (tomato-onion-potato) prices through August create an opening to acquire or partner with cold-chain and farm-sourcing players that can structurally de-risk input volatility.