Grocery bills to rise on commodity pain

FMCG companies in India plan to hike prices of household essentials, including cooking oil, soaps, and detergents, due to rising commodity costs like palm oil and copra. This move adds upward pressure on inflation, with RBI closely monitoring the situation amidst geopolitical tensions and unexpected weather events affecting global prices.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Yp9HEJ2

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