![]() ![]() ![]() This cookie policy should be read together with our Privacy Policy.īy continuing to browse or use our sites, you agree that we can store and access cookies and other tracking technologies as described in this policy. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. "If the rates remain like this, we might have to think about our prices again," he said. "Chefs are also trying to find ways to bring the sourness of tomatoes through other agents like tamarind." At a restaurant in south Delhi, owner Raj Kumar has resorted to a 12 per cent hike in prices of tomato-based, cottage cheese gravies which are devoured by customers. Pradeep Shetty of the Hotel and Restaurant Association of Western India said many outlets have stopped using fresh tomatoes in salads and are switching to more purees. "Customers understand I am not using it because I haven't increased prices," he said, gesturing to a single piece of tomato on his cart, as he cooked on a hot afternoon. In a New Delhi business district, Birju, who sells a cheap bread-and-pea street food which typically comes with tomatoes, said he now uses the expensive item only as a garnish, and only when people push for it. Price spikes in onions – another key ingredient used in Indian cooking - contributed to the fall of more than one state government in the past.įood sellers - big and small - are battling high tomato prices. Vegetables are a politically-sensitive commodity in India, where average per-capita income was estimated to be around $200 per month in 2022-23. Surging food prices accelerated India's annual retail inflation rate in June to 4.81 per cent, snapping four months of easing and fuelling bets that the central bank will keep interest rates high into mid-2024. Google Trends data shows the number of online searches for terms "tomato puree" and "tomato puree 1kg price" in recent weeks in India have been highest in the last five years.Ĭrop damage and transportation woes due to rain have also led to a rise in prices of other vegetables. Not everyone in the family liked it," said 34-year-old Pravieen Sridhar, who runs a laundry business in Chennai. "With the prices going over 100 Indian rupees ($1.22), I tried to experiment with tomato ketchup for Indian gravies. Tomato prices on Wednesday in New Delhi were 199 rupees/kg, from around 30 rupees in April. Packs of puree typically contain around 40 per cent tomato paste and the rest water, and cost 130 rupees/kg. Amazon said demand for tomato puree on its platform rose five times over the past month, while ketchup sales rose 30 per cent. ![]()
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