Input costs to go up for FMCG, aviation firms

For sectors where the country is heavily import-dependent, a weaker rupee would inflate costs further. But the worries are abated, at least for the time being, by the current benign domestic inflation and relatively low commodity prices.

The adverse effect of falling rupee will be felt across traders and companies that import/process crude oil and natural gas (LNG), edible oils and fertilisers. Weak local currency could jack up imported-inputs costs of fast-moving consumer goods (FMCG) firms.

Read more

You may also like

Comments are closed.

More in Newspapers