Hindustan Unilever Limited (Hul) and Nestlé announced a hike in products such as tea, coffee, milk and noodles on March 14, sources reported at CNBC TV-18 Hul dates 3 to 7% of coffee powder prices Bru. BRU GOLD COFFEE COSLIER JAUX OF THREE TO FOUR PER CENT, COSTANT INSTANT CAVES OF 3 TO 6.66% ON PACKAGES.
The busty instant coffee pockets are now more expensive from 3 to 6.66% on packages. Taj Mahal tea prices are up 3.7 to 5.8% from packets and variants, according to CNBC TV-18 Brooke Bond 3 Rose variants are now more expensive from 1.5 to 14% compared to packets and variants. While announcing tariff hikes on its products, Hul said that it faced inflationary pressures on its products and was able to provide the good equation of price value for consumers.
On the other hand, Nestle India announced that she had returned to the prices of Maggi noodles from 9 to 16%. Nestle India has also taken a price increase for milk and coffee powder With the latest modifications, the price of Maggi Masala 70 GM noodles is upwarded RS 14 from RS 12. The price of Maggi Masala 140 GM noodles is up 3 or 12.5%, while The rate of 560 GM Pack is up 9.4. Percentage at 105 RS of RS 96.
Nestlé also responded to the price of a 1-liter cardboard of four percent to 78 RS from RS 75. The classic coffee powder rate NESCAFE is up to three to seven percent, while Nescafe Classic 25 GM Pack is up 2.5. Percentage at 80 RS of RS 78, according to CNBC TV-18 In addition, the price of Nescafe Classic 50 GM Pack is up 3.4% to 150 RS from RS 145.
The last price hikes on food products by the main consumer goods companies (FMCG) become ahead of the detail inflation data of 2022 to be published later today The inflation rate of India’s inflation based on the Consumer Price Index (CPI) jumped up 6.01% of 6.01% in January 2022 and marginally crossed the area of the reserve bank of four to six percent of India The Governor of RBI Shaktikanta DAS stated that the retail inflation of January was likely to arrive around the six percent mark, largely because of an unfavorable basic effect.