Cost of living rises in India as companies pass on higher prices - Economic Times


4/3/2022 12:00:00 AM3 years 1 month ago
by Bloomberg

Companies passing on costs will add to inflationary pressures, but the consumer price-targeting RBI has maintained that the current spike is supply driven and best dealt with by the government. Policy makers, who will meet this week to decide on interest rate…

Indian manufacturers are running out of capacity to absorb rising input costs, with an increasing number passing it along to consumers in an economy already grappling with Asias third-fastest inflati… [+2843 chars]

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