The prices of Maggi noodles, tea, coffee and milk have been increased. In a jolt for consumers, Nestle India and Hindustan Unilever Limited (HUL) have hiked the rates of their instant, tea and coffee products, according to media reports.
- The prices of Maggi have been increased by 9 to 16 per cent.
- A 70 gram packet of Maggi Masala noodles costs you Rs 14, up from the earlier Rs 12.
- The price of a 140 gram packet has been increased by Rs 3.
- A 560 gram packet of Maggi Masala noodles would cost you Rs 105, up from the previous Rs 96.
MILK, TEA, COFFEE POWDER
- Nestle has increased the price of A+milk 1 litre carton from Rs 75 to Rs 78.
- The Nescafe Classic 25 gm pack price has gone up to Rs 80 from Rs 78 earlier.
- The Nescafe Classic 50 gm pack would cost you Rs 150, up from Rs 145.
- HUL has increased prices of its coffee brand Bru.
- You have to pay 3 to 7 per cent higher rates for Bru coffee powder, 3 to 4 per cent for Bru Gold Coffee, and 3 to 6.6 per cent for Bru instant coffee pouches.
- While Taj Mahal tea price has been increased from 3.7 per cent to 5.8 per cent, Brooke Bond products have been hiked by 1.5 per cent to 14 per cent.
RETAIL INFLATION RISES
Meanwhile, India’s retail inflation hit an eight-month high of 6.07 per cent in February, remaining above the Reserve Bank of India’s (RBI) comfort level for the second month in a row, while wholesale price-based inflation soared to 13.11 per cent on account of hardening of crude oil and non-food item prices, government data showed on Monday.
The previous high for retail inflation was 6.26 per cent in June 2021.
The consumer price index (CPI) based-retail inflation, which is taken into account by the RBI while deciding its monetary policy, rose mainly because of costlier food items, as per the data released by the National Statistical Office (NSO).