Everyday goods see more price hikes than cuts, home care sees biggest jump

FMCG companies have raised prices on far more products than they have cut over the past two months, a CLSA survey showed. Since May, 252 of the 310 products with price changes became costlier, while only 58 saw price cuts. The sharpest price hikes were seen in the home care segment, where average prices rose 5.8%, followed by personal care.