Indian companies are passing on higher output prices to consumers ...Middle East

Quartz - Economy
Indian companies are passing on higher output prices to consumers
source : Quartz ( Middle East ) () 8
India’s manufacturing sector is growing steadily, even though inflation threatens companies’ bottom line. That’s thanks in part to the sharpest rise in exports in 11 years, though domestic demand remains strong, too.No matter where they are, consumers are now burdened with high costs tacked on after goods leave the factory. India’s output prices jumped at their fastest pace since Oct. 2013, according to new data from S&P Global (pdf). That’s a sign that inflation will likely remain high in India in the coming months, pushing the cost of living higher and out of reach for some Indians.Output price inflation measures changes in how much products cost before they’re sent to wholesalers and reta

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