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AC, TV, appliance prices may rise up to 8% from Oct 1 ahead of festivals
Ahead of the peak festival season, leading appliances and consumer electronics makers are going to increase prices of air conditioners, LED TVs, washing machines and other products by 5 per cent to 8 per cent effective from October 1, passing on the rise in inputs of soaring metals such as copper, steel, crude derivatives as well as currency exchange volatility due to the ongoing West Asia crisis. This will be the industry's third round of price hikes in 2026, with manufacturers saying sustaine…
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