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Paint makers to raise prices fifth time this financial year

机译:涂料制造商本财年第五次提价

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DOMESTIC paint makers like Asian Paints, Berger and Kansai Nerolac are going in for the fifth round of price rise in decorative paints this financial year. The planned one to two per cent rise will take the overall rise in this financial year to 12 per cent. Chief Executive Officer P M Murty said the rise had been driven by runaway input costs. "Commodity inflation has been severe. This has compelled players to take price hikes to mitigate cost pressures," he said.
机译:亚洲涂料,柏格和关西尼禄拉克等国内涂料制造商正计划在本财政年度进行第五轮装饰涂料价格上涨。计划中的1-2%的增长将使本财政年度的整体增长达到12%。首席执行官P M Murty说,增加的原因是投入成本失控。他说:“商品通货膨胀一直很严重。这迫使参与者采取涨价措施来缓解成本压力。”

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