Spice inflation flips to 6.8% in May as El Nino threatens kitchen staples pricing
Orkla India flags a reversal after two years of deflation across spices, with sharper hikes expected in coriander and jeera. Dry chillies up 11.9%, coriander 8.8%. Food inflation hit 4.8% in May; Q2 F&B inflation seen at 5.8%, with FY27 forecast at 6% as El Nino risks mount.
Indian kitchen staples—spices, eggs, dairy, tea, coffee—face rising price pressure as El Nino threatens monsoon. Spice inflation hit 6.8% in May; Orkla India flags reversal after two years of deflation, with sharper hikes expected in coriander and jeera.
Why this matters
Reinforces Orkla India's recent flag of a pricing reversal after two-year deflation, while Q4 profit doubled to ₹73 cr on MTR-Eastern consumption recovery despite Kerala disruption.
Retail-brand signals steady at 1,606 over the last 90 days.