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VERIFIEDET Finance·negative

MDR effect: Retailers, apparel makers warn of price hikes

AI Summary
  • ·Retailers may increase prices or reduce festive discounts due to inflationary pressures and higher logistics costs.
  • ·Disruptions linked to the West Asia war earlier in the year are contributing to increased logistics costs.
  • ·The Retailers Association of India (RAI) has highlighted these challenges facing the retail sector.
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