Spice, dairy inflation reignites as Orkla India flags pricing reversal after two-year deflation
Kitchen staples face renewed cost pressure with spice inflation at 6.8% in May—dry chillies up 11.9%, coriander 8.8%—amid El Nino risk and a below-normal monsoon forecast. Orkla India signals the deflation cycle has broken, with FY27 inflation projected at 5.5-6%, squeezing margins across packaged foods, tea, coffee, eggs and dairy.
Kitchen staples including spices, eggs, dairy, tea and coffee face rising price pressure amid El Nino risk and below-normal monsoon forecast. Spice inflation hit 6.8% in May; Orkla India flags reversal after two years of deflation.