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The cost of a vegetarian thali rose 24.26 per cent to Rs 33.8, while that of a non-vegetarian thali increased by 12.54 per cent to Rs 67.3 in August 2023, when compared to the same period of last year, says a report from rating firm Crisil.
Although its (tomato) weight in CPI inflation is only 0.6, this increase is likely to add 120 bps to headline. Tomato, onion and potato together account for only 2.2% of headline CPI inflation but contribute nearly 50% to the variance in headline inflation, the report said.
The retail sale of tomatoes in Delhi-NCR started on July 14 by the NCCF and NAFED, even as the tomato prices in local mandis reached as high as Rs 250 per kg
(This story has not been edited by THE WEEK and is auto-generated from a PTI
RBI in its Bulletin July 2023 says episodes of high tomato prices are short-lived; they stay above Rs 40 for an average duration of 2.6 fortnights, whereas remain below Rs 20 for 10 fortnights