Friday, November 22, 2024

Inflation

India eases onion export restrictions, allows shipments to selected countries

India has allowed exports of onions on a government-to-government basis to certain countries, as per the recommendation of the Ministry of External Affairs, informed...

Consumer companies anticipate demand resurgence, eyeing March-April for recovery

The upcoming general elections and a subsequent decrease in inflation are expected to boost consumer demand across various sectors, ranging from groceries to apparel...

Retail inflation in India hits three-month high at 5.55%, driven by food basket surge

Breaking its downward trajectory, retail inflation increased to a three-month peak of 5.55% in November due to strengthening food prices, particularly vegetables and cereals....

UK food inflation shows decline, giving hope to Christmas shoppers

In November, the rate of inflation in British groceries decelerated once more. Industry data revealed on Tuesday that the increase in the cost of...

Unfavorable weather triggers inflation surge – onion and pulse prices on the rise

Experts have stated that the recent intense rainfall and hailstorms in Maharashtra, Gujarat, western Madhya Pradesh, and certain areas of Rajasthan may contribute to...

Onion price hike could push India’s inflation to 6%, economists say

Economists have suggested that the recent increase in onion prices is unlikely to exert a substantial influence on October's inflation figures. However, they warn...

HUL bolsters advertising budget, increases outlay by INR 679 Crore in Q2

In the July-September quarter, Hindustan Unilever (HUL) raised its advertising expenditure by INR 679 crore, bringing it back to the 11-12% of sales range...

FMCG companies experiment with pricing strategies to counter inflationary pressures

Consumer goods companies are vigorously safeguarding their ability to explore price elasticity for their products, while distributors are striving to find order amidst the...

Downtrading intensifies in FMCG sector due to rising inflation and rainfall deficiency

The effects of the August drought are making their presence known on corporate financial statements.Downtrading, the trend in which consumers transition from larger product...

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