Indian Firms Plan Fresh Price Hikes, Testing Inflation Outlook
Summary
India's largest consumer companies are preparing another round of price increases across products including toothpaste, tires, and paint. Higher commodity costs linked to the prolonged Middle East conflict are pushing firms to act ahead of the festival season.
A second consecutive quarter of price increases would show that cost pressure is moving beyond
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The pricing decisions of India's biggest brands could determine whether commodity shocks become a wider consumer-inflation problem.