Tuesday, December 22, 2020

From cars to clothes, manufacturers feel the heat of soaring raw material prices

The cost of major raw materials increased by 9% year-on-year during August-October 2020, with prices of steel and iron witnessing the highest growth. Basic raw material index constitutes inputs such as steel, iron, aluminium, plastics and rubber.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3haSZJO

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