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Updated Mar 04, 2021 | 21:02 IST Most FMCG companies have been reeling under high input costs from an increase in crude prices as well as inputs like palm oil. Companies are wary of passing on price hikes when demand is starting to revive. Representational Image | Photo Credit: BCCL Key Highlights Input costs increase pressures on FMCG companies and impact margins Most companies contemplating whether to pass on higher costs to consumers when demand has just started rising High fuel costs impacting transportation as well as packaging costs for most FMCG companies From your morning cup of tea to the biscuit that you dunk into it; prices of everyday essentials could rise soon as companies grapple with rising input costs. The increase in fuel prices has impacted transportation costs across sectors as well as the costs of packaging material which is a derivative of petroleum products. Mayank Shah, Category Head of Parle s ....
Updated Mar 02, 2021 | 22:26 IST FMCG companies have widely spoken about high input cost pressures across categories. This can impact your morning tea, soaps and even hair oil. We look at how FMCG are majors dealing with these pressures. Representational Image | Photo Credit: BCCL Key Highlights Many FMCG companies are choosing volumes over margins and not passing on input cost pressures completely to customers Tea prices have seen unprecedented inflation of 50 to 70 per cent since the beginning of the financial year High fuel prices may force biscuit companies like Parle Products to increase product costs Tea, biscuits, soaps, hair oil - all your day to day products have either gotten costlier in the recent past, or are set to be priced higher soon. With input costs pressures continuing, FMCG majors like Hindustan Unilever (HUL), Marico, Dabur, Britannia, Parle Products have all flagged off a possibility of further ....
Updated Feb 17, 2021 | 19:43 IST Rural markets grew 14.2 per cent and growth metros returned to the positive territory after two-quarters of decline, with 0.8 per cent growth in the October to December quarter of 2020. Representational Image | Photo Credit: BCCL Key Highlights The industry had registered 1.6 per cent YoY growth in the July to September quarter of 2020 Festive period led growth uptick in November, sustained in December 2020, said Nielsen Modern trade recovered to -2 per cent negative growth in the December quarter as compared to -15 per cent in the September quarter Nielsen IQ, part of the global measurement and data analytics company Nielsen Holdings said that the upbeat festive sentiment in October to December quarter of 2020 led the FMCG industry to a fourth consecutive quarter of growth. The industry grew by 7.3 per cent versus the same quarter of 2019. This is also a sharp increase in growth in c ....