FMCG Firms Hike Prices By Up To 10% Amid Demand Slowdown

The price of toothpaste has seen a steep hike of up to 10 per cent. The cost of Hindustan Unilever's Pepsodent and Colgate brands is up by 2 to 10 per cent.

Fast-moving consumer goods (FMCG) firms are increasing prices by up to 10 per cent to keep revenue high amid a sustained slowdown in demand.

The roughly 10 per cent price increases that makers of daily household goods have implemented across all categories so far in the fourth quarter, except soap and edible oil, corroborate this, NDTV Profit reported.

The price of toothpaste has seen a steep hike of up to 10 per cent. The cost of Hindustan Unilever's Pepsodent and Colgate brands is up by 2 to 10 per cent.