In a blow to consumers' wallets, several Indian fast moving consumer goods (FMCG) manufacturers have hiked the prices of their products for the second time this year. Companies like ITC, HUL, Parle, and Britannia, among others, increased their prices due to rising input costs. This is the second price hike that the product range has seen in less than six months. Comfort Conditioner’s 19 ml pack has now seen a 33 percent price hike. The price increase would hit products like Good Day cookies and Tiger and Milk Bikis biscuits.
Source: Mint November 27, 2021 14:56 UTC