Double blow of inflation: From soap to biscuits can become expensive –

Double blow of inflation: From soap to biscuits can become expensive –

Knews Desk– There are signs of increasing inflationary pressure on the pockets of common people in India once again. Everyday items like soap, detergent, shampoo and many packaged foods including biscuits can be expensive. The reason for this is being said to be the continuously increasing cost of raw materials, packaging and transportation. Increasing pressure from FMCG companies The country’s leading Fast Moving Consumer Goods (FMCG) companies…

FMCG companies bracing for another  round of price increases amid inflation

NEW DELHI, May 10:  Daily essential products such as soaps, detergents, biscuits, packaged foods, and beverages are expected to get costlier as leading FMCG companies are preparing for calibrated price hikes on account of rising crude-linked inflation, higher packaging costs, and fuel expenses from geopolitical disruptions that are squeezing margins. The executives of FMCG makers, which have already gone for recent price hikes of around 3 to 5 p…