Shopping bills increase as consumer goods companies hike prices ...Middle East

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Shopping bills increase as consumer goods companies hike prices
Monthly household shopping bills have risen over the past 2-3 months, with price hikes in the range of 2 to 17% on foods and personal care products of fast moving consumer goods (FMCG) companies, Businessline reported. FMCG companies raise prices (Mint) Prices have been raised in the range of 2-9% on soaps and body washes, 8-11% on hair oils and 3-17% on select food items by companies, according to trade data and analysts, Businessline wrote. Now catch your favourite game on Crickit. Anytime Anywhere. Find out how Also Read | FMCGs struggle with innovation as niche companies race past The price hike comes after close to a year of declining price trends with moderating commodity price

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