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Tea prices in Kerala have tripled over 25 years due to rising ingredient and labour costs, transforming tea shops into modern eateries with diverse, often pricier, flavoured options.
The increase is expected to impact the food and hospitality sectors.
Chicken prices are soaring in Kerala due to artificial restrictions on movement from Tamil Nadu.
Milma had last revised milk prices in December 2022.
Chocolate prices are soaring globally due to rising cocoa costs affecting brands like Hershey's, Nestle, and Lindt.
The sharp spike in Kerala’s CPI was driven largely by food inflation.
Wholesale price inflation declined to a six-month low of 2.05 per cent in March.
Retail prices of coconut oil have climbed to Rs 242 per kilogram.
The price of raw coconuts has soared to an all-time high, reaching Rs 75 to Rs 80 per kilogram.
Shoppers are seeing fewer fixed prices on display as vendors now opt for blackboard-style pricing boards, allowing them to update prices quickly in response to fluctuating costs.
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