AC, TV and appliance prices rose by up to 8% from October 1, 2023 move resurfaces
Consumer durables prices increased by as much as 8% from October 1, 2023, ahead of that year's festive season, according to a resurfacing report.
What happened
retail-company · Prices of air conditioners, televisions and appliances are set to rise by up to 8% from October 1 ahead of the festive season.
Key facts
- Up to 8%
- October 1
What changed
Prices of air conditioners, televisions and appliances are set to rise by up to 8% from October 1 ahead of the festive season.
Why this matters
An October 1 price rise of up to 8% across ACs, TVs and appliances may pull festive-season purchases forward but could pressure unit volumes among price-sensitive shoppers.
What to watch
- Actual festive-season sell-through versus September pre-buying and last year's unit volumes.
- Gap between revised MRPs and effective online/offline transaction prices after bank and platform-funded offers.
- Commodity, freight and INR movement, especially inputs relevant to compressors, panels, copper, aluminum and electronics.
- Channel inventory weeks and the scale of post-Diwali clearance discounts.
- Competitor pricing actions by leading national brands, value brands and e-commerce marketplaces.
Also reported by
- Moneycontrol · News Web — Same time