Economy
FMCG Firms Plan Price Hikes in September Quarter Amid Rising Costs

FMCG Firms Plan Price Hikes in September Quarter Amid Rising Costs

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THE BRIEF
1

Major FMCG companies, including Britannia and HUL, are preparing to raise product prices by 1.5% to 2% in the September quarter due to sustained high commodity costs.

2

Despite the planned price hikes, companies report that consumer demand remains resilient, allowing them to pass on the increased input costs to the retail market.

3

Analysts warn that these fresh price increases could test the inflation outlook, as input costs for raw materials like palm oil and packaging remain elevated.