Hindustan Unilever: Price cuts in India hit Unilever’s growth in soaps, laundry space

Cheaper soaps and fabric washers dented Unilever’s top-line growth in the skin cleansing and home care segment in India, its leadership said on Thursday while explaining the fallout of giving buyers input-deflation benefits. India, the second biggest market for Unilever, expanded 0.7% with low single-digit volume growth partially offset by price cuts, Unilever said.”Skin cleansing was flat with a small increase in price, offset by the decline in volume. In Asia, we saw the impact of…
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Source: https://m.economictimes.com/industry/cons-products/fmcg/price-cuts-in-india-hit-unilevers-growth-in-soaps-laundry-space/amp_articleshow/109603026.cms