Companies are set to increase prices of daily essentials and electronics due to rising input costs and rupee depreciation. FMCG firms like Hindustan Unilever and Godrej plan further price hikes despite slowing demand to protect margins. The cost of raw materials such as palm oil and edible oil has significantly risen, prompting price adjustments.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/price-hikes-loom-for-essentials-electronics-as-companies-tackle-rising-costs/117617214
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/price-hikes-loom-for-essentials-electronics-as-companies-tackle-rising-costs/117617214