Input costs to stay high even if Hormuz reopens: Crisil

New Delhi: Input costs are expected to stay elevated this year even if the Strait of Hormuz reopens, impacting manufacturers, Crisil said Wednesday. While inflationary pressures will initially reflect on wholesale prices, rising input costs are expected to gradually feed into consumer prices, the rating agency said in a report.

Significantly, with domestic demand remaining resilient so far, companies still have room to pass on higher costs to consumers and protect profit margins.