FMCG firms begin raising prices as West Asia war fuels input costs
“Last year, same time, the commodity cost on coffee and cocoa were at all-time highs,” Manish Tiwary, chairman and managing director, Nestle India, had told Mint in an interview last month, adding that while coffee and cocoa prices had softened, rising costs of milk, packaging material, petroleum and utilities were offsetting some of those gains.
Post Comment