EY flags US–Iran conflict risk: 8 quarters of cost pressure for India FMCG, personal care, textiles
EY's Angshuman Bhattacharya warns crude at $100-110/bbl, a weaker rupee and supply snags could lift retail edible oil inflation to ~7% in early 2026 and push polyester, nylon and dye costs up 20-25%. Expect MRP hikes, shrinkflation, delayed launches and cautious capex across an 8-quarter horizon.
EY's Angshuman Bhattacharya warns US-Iran conflict will pressure India's FMCG, personal care, and textile sectors via crude-linked cost inflation, weaker rupee, and supply constraints, driving MRP hikes, shrinkflation, delayed launches, and cautious capex over eight quarters.