FMCG firms brace for fresh price hikes as inflation squeezes costs across daily essentials

Soaps, detergents and biscuits may see coordinated hikes soon

FMCG companies are preparing calibrated price increases for everyday products like soaps, detergents, biscuits, and packaged foods and beverages. The move is driven by crude oil-linked inflation, rising packaging costs, and higher fuel expenses, which together are pushing up operating costs. Consumers can expect more costlier labels as brands attempt to pass on pressures gradually.