Hindustan Unilever on Tuesday signalled further calibrated price hikes to counter persistent commodity inflation, as elevated input costs linked to geopolitical tensions continue to squeeze margins across the fast-moving consumer goods (FMCG) sector.
The country's largest FMCG company joined peers such as Tata Consumer Products in warning that commodity volatility is likely to persist in the near term, forcing companies to pass on a larger share of rising costs to consumers.