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The Economic Times

Economy / The Economic Times

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Bitter truth: Surge in sugar prices to push up festival budgets

Sweets and desserts are experiencing higher prices this festive season due to increasing sugar costs and rising demand. Sugar prices have surged significantly year-on-year, contributing to overall food inflation. The festive calendar is expected to drive further demand for sweets and confectionery items. Manufacturers may react by adjusting prices while trying to maintain consumer affordability. Concerns about production due to uneven rainfall could complicate future price trends.

14 Oct 2026 12:32 am