New Delhi: Inflation has spoiled the budget of the common people in the midst of the increasing rate of corona virus across the country. People had hoped that in the year 2022 there would be relief from inflation, but it does not seem to be happening. The price of petrol-diesel, gas cylinders and food items is on the seventh consecutive sky. According to many experts, the inflationary phase is likely to continue even further.
At the same time, if we look at the trend of inflation in the market, then the prices of consumer goods have increased by 3-5 percent. If the prices of items of daily necessities such as eggs, bread, cakes, and biscuits have increased by 8-15 per cent in the last 3 weeks. FMCG companies like Britannia Industries, ITC, Parle Products and HUL say that the prices of agricultural products have increased due to the increasing cost of food items. Apart from this, the cost of logistics and packaging material has also increased.
Varun Berry, Managing Director, Britannia Industries, in a recent interaction with investors said, “We have no option but to increase the prices in the event of rising raw material costs. The company plans to increase the prices of items by up to 6%.
Parle had increased the prices of its products by up to 10 per cent in March last year. Now the company is again going to increase the price of products with MRP of Rs 20 or more by 5 to 10%.
Prices of these items will also increase
Not only food and drink, but soap and surf prices are also going to increase in 2022. Hindustan Unilever, a manufacturer of products like Lux, Dove, Lifebuoy, Rin and Surf Excel is going to increase the price of Dove by 12%, Lux by 10% and Surf Excel by 20%.
This car will also be expensive
Most of the car companies in the country have increased their prices in the month of January. The country’s largest car company Maruti Suzuki has increased prices in January. Maruti has increased the price of its cars 3 times in the last one year.
At the same time, companies like Mahindra, Kia, Honda, Volkswagen, Toyota and Tata to Mercedes Benz, Audi and Volvo companies have also increased the prices of their cars by 1 to 4 percent. In such a situation, the pockets of the car buyers are set to suffer from Rs 8,000 to 60,000.
first published:Jan. 14, 2022, 11:51 a.m.