FMCG firms worry over high inflation, squeezing urban market; hint price hike

Quick Summary:

Leading FMCG companies reported declining margins in the September quarter due to higher input costs and food inflation, slowing urban consumption.

Firms like HUL, Dabur, and Nestle India noted muted demand, while rural markets showed growth.

Companies plan price hikes to counter rising input costs.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaAustraliaBangladeshSweden

Topics: Input costs Business news Urban consumption Food inflation FMCG Price hike

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 16:39:52 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1179 words

Reading Time: 7 minutes read

Sentences: 38 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23376697

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 16 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 5 hours ago

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