Rupee depreciation to raise consumer durable prices
pre-market1 source ↓written by the desknot a recommendation
- for refrigerators
- 3-5%
- for air-conditioners
- 7-8%
- for air-conditioners
- 7-10%
- for refrigerators
- 3-7%
Rupee depreciation and rising commodity prices are set to increase prices for consumer durable companies, particularly in air-conditioners and refrigerators. Expected price hikes include 3-5% for refrigerators and 7-8% for air-conditioners, with cumulative increases of 7-10% for air-conditioners and 3-7% for refrigerators by early next year. LED TVs may also see 7-10% price increases due to these factors.
Not investment advice. For informational purposes only.