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Economy News

The Economic Times

Economy / The Economic Times

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Gulf war fuels raw material inflation, FMCG firms shift to daily pricing strategy

In light of the Gulf War, consumer goods sectors are battling unprecedented rises in raw material costs. Firms are now implementing daily price surveillance and tightening their budgets dramatically. We are witnessing price hikes across a spectrum of products, potentially jeopardizing the fragile consumer spending recovery initiated by recent tax reductions.

23 Apr 2026 5:40 pm