From your cup of coffee in the morning to the evening snack of Maggi everything is going to cost more as companies take in price hikes to battle rising cost.
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HUL and Nestle have raised prices of high demand items such as Bru Coffe and Maggi. With the latest changes, the price of Maggi Masala noodles 70 gm is hiked to Rs 14 from Rs 12. The price of Maggi Masala Noodles 140 gm is hiked by Rs 3.
CNBC TV-18 reports that Bru instant coffee pouches as well as popular Nescafe is going to cost more by 3-5%.
Food inflation in India is now near the highest level in a decade.