Skip to main content

Consumers prefer cheaper items as prices, expenses rise

Several companies have increased prices of their products over the past three months due to inflationary pressures, and hinted at continuous price hikes until next quarter. Palm, crude and tea prices have increased by more than 50% since a year ago while packaging material prices have increased 30-35% over last year.

from Economic Times https://ift.tt/3pe4oNo

Comments

Popular posts from this blog

Jagan moves closer to Centre, accompanies PM to Tirumala

In signs of growing bonhomie between Prime Minister Narendra Modi and Andhra chief minister YS Jaganmohan Reddy, the latter on Sunday accompanied the PM during his thanksgiving visit to Tirumala after winning a massive mandate in the Lok Sabha elections. Modi reciprocated by promising Jagan all support from the Centre. from India News | Latest News Headlines & Live Updates from India - Times of India http://bit.ly/2Kdd58X

India’s agriculture technology can grow to $24.1 billion in 5 years: Report

A big chunk of the gains will likely be made by companies addressing supply chain and financial services solutions, driven by the availability of affordable high-speed internet and maturing of India’s digital content ecosystem, an EY report on India’s agri-tech potential said. from Economic Times https://ift.tt/2ZfE9tM