Firms rein in price hikes but milk powder rose 18% from a year ago
A range of businesses, from quick-service restaurants and apparel retailers to biscuit makers and edible oil producers, are refraining from raising prices, with some even cutting them as commodity costs cool and high prices dampen demand, offering consumers respite from soaring inflation. Packaged consumer goods company Marico Ltd, for example, cut prices of its Parachute […]
