BUSINESSJul 31 · 23:00 UTCBLOOMBERGSatviki Sanjay and Ruchi Bhatia

Indian Firms Plan Fresh Price Hikes, Testing Inflation Outlook

India’s largest consumer companies are planning to raise prices on products like toothpaste, tires, and paint ahead of the festival season for the second straight quarter. The price hikes are attributed to the prolonged Middle East conflict driving up commodity costs and threatening to sustain high inflation.

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