FMCG firms to hold prices through festive season

Despite rising sugar, edible oil, and packaging costs, FMCG companies plan to maintain prices through the festive season to protect consumer demand and volume growth. Firms like ITC and Dabur have taken modest 2-5% price hikes earlier. ITC's Hemant Malik warned pricing decisions may be revisited if cost pressures persist later in the financial year.

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