Brace for another round of price hikes this new year - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Brace for another round of price hikes this new year

Fast-moving consumer goods (FMCG) companies said they may raise prices 4-10% over the next three months even though it could dampen sales. Consumer electronic companies have already raised prices 3-5% this month on refrigerators, washing machines, and air-conditioners and have finalised another round of increases of 6-10% from next month.

from Industry-Economic Times
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