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Companies bet demand hit post note ban was transient, raised prices of productsAmul raised prices of milk variants by 3% while Danone raised them by 7%, according to a Kotak Institutional Equities report.Amul butter be...
Grocery prices rise by up to 15 per cent despite weak consumer demandBut analysts feel that consistent price increases could force consumers to either check their purchase or down trade to lower priced brands.
FMCG cos HUL, GSK Consumer, GCPL, Emami, Dabur and others may increase prices due to input cost pressurePrices of packaged milk, biscuits, yoghurt, edible oil, hair oil, soaps, balm and detergent are set to rise 5-10% over the next couple of m...