A new report by Crisil highlights the contrasting trends in food prices in September 2024. While a surge in vegetable prices pushed vegetarian thali costs up by 11%, a drop in chicken prices resulted in a 2% decline in non-vegetarian thali costs. This analysis reveals the complex interplay of supply, demand, and seasonal factors impacting food prices and household budgets.
Beans have become an expensive commodity in Bengaluru, with retail and online markets selling them for a hefty ₹180 – ₹220 per kilogram. The price surge is attributed to a decline in supply due to heat-induced crop damage in Kolar district and surrounding vegetable-growing regions. Traders note that while beans typically become more expensive during summer, this year’s prices are among the highest ever recorded. In wholesale markets, the selling price hovers around ₹120 – ₹130 per kilogram.
