FMCG prices rise up to 5% as GST relief ends
after close1 source ↓written by the desknot a recommendation
- this quarter
- 2% price increase
India’s consumer goods makers are raising prices by up to 5% as the GST relief ends, driven by rising commodity costs and a weak rupee. Notably, Dabur India plans a 2% price increase this quarter, which will persist into next year. This shift indicates a return of pricing power in the FMCG sector, impacting consumer spending.
Not investment advice. For informational purposes only.