Further price hikes likely in food, personal care products as raw material costs rise: Report

Prices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food, beverage, home, and personal care items will be affected. This trend is expected in the coming months. Companies are using price increases and cost savings to manage. Retail inflation may impact buying habits. Gross margins are under pressure.

Raccontata daeconomictimes.indiatimes.com