Prices for ACs, TVs, and other appliances set to rise this October
Manufacturers are planning to increase prices of consumer electronics like air conditioners and washing machines in October. Companies including Blue Star and Godrej Appliances cite higher raw material costs and freight charges as key reasons. The ongoing global supply chain disruptions are also contributing to the price hike. While some retailers may still sell older stock at current prices, new inventory will be 5-8% more expensive.
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