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Sunday, November 3, 2024

FMCG firms worry over high inflation, squeezing urban market; hint price hike

Leading FMCG companies reported declining margins in the September quarter due to higher input costs and food inflation, slowing urban consumption. Firms like HUL, Dabur, and Nestle India noted muted demand, while rural markets showed growth. Companies plan price hikes to counter rising input costs.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TyI5HZj

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France’s economic woes: Debt nears 122% of GDP, growth forecast at just 0.4%

France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceedin...