Business News This Week
The depreciation of rupees in the international currency market is going to weigh high on the fast moving consumer goods (FMCG) market in India.
The raw input cost has gone up for many companies due the falling value of rupees against US dollar.
The price of FMCG electronic goods would go up by around 3-4 per cent due the depreciation of the rupees against US dollar.
The import cost of raw material become dearer resulting hike in the price of finished products in India.
The consumers of India are going to face the burden of hike in the price of goods and services particularly the FMCG goods. The FMCG market has been big and a regular used goods market in India.
Any change in the price of these goods is sure to weigh on the household budget.
Particularly the electronics market in India is going to badly affected due to surge in the value of dollar against Indian rupees in the currency market.
The raw input cost has gone up for many companies due the falling value of rupees against US dollar.
The price of FMCG electronic goods would go up by around 3-4 per cent due the depreciation of the rupees against US dollar.
The import cost of raw material become dearer resulting hike in the price of finished products in India.
The consumers of India are going to face the burden of hike in the price of goods and services particularly the FMCG goods. The FMCG market has been big and a regular used goods market in India.Any change in the price of these goods is sure to weigh on the household budget.
Particularly the electronics market in India is going to badly affected due to surge in the value of dollar against Indian rupees in the currency market.
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