Cos wary of inflation taking a toll
Consumer goods companies are bracing for rising costs due to soaring crude oil prices, with potential price hikes on the horizon. While the West Asia war's immediate impact in the March quarter was limited, sustained inflation and a predicted below-normal monsoon threaten to dampen consumption, particularly in rural areas.
Consumer goods companies are bracing for rising costs due to soaring crude oil prices, with potential price hikes on the horizon. While the West Asia war's immediate impact in the March quarter was limited, sustained inflation and a predicted below-normal monsoon threaten to dampen consumption, particularly in rural areas.
