Fuel hikes set to ripple through cab rides, grocery delivery and FMCG shelves, economists warn
Repeated petrol and diesel price increases are expected to cascade across India's logistics-heavy retail economy, lifting costs for cab aggregators, quick commerce, vegetable supply chains and FMCG distribution. Economists peg roughly 35 basis points of CPI impact per $10/barrel move, squeezing margins and consumer wallets.
Economists warn repeated petrol and diesel price hikes will cascade through India's retail economy, raising costs for grocery delivery, cab rides, vegetables, perishables and FMCG distribution as logistics-heavy supply chains pass on higher freight and operating costs.