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Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth. One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil. The price hikes came at a time when the urban market was dragged down by lowered consumption due to high food inflation. However, the rural market, which is slightly above one-third of the total FMCG market, stayed ahead of it. Some of the listed FMCG companies, such as Dabur and Marico, shared their updates for the third quarter of FY25, and analysts expect either flat or low single-digit volume growth. Home-grown firm Dabur expects a "low single-digit .
Over 15,000 demonstrators braved the bitter cold in Brussels on Friday to call for more measures to shield them from high energy prices and better pay to counter runaway inflation. Because of the protest backed by the three main unions, public services were affected throughout Belgium, especially rail and subway systems in and around the capital and Brussels international airport. With people increasingly under pressure from high prices, the unions demanded pay increases at a time when companies such as energy giants are making massive profits. They seek a freeze in energy prices and increased taxation on capital. We won't stop unless workers get what they deserve, the unions said in a statement. Police estimated the crowd walking in freezing temperatures through the capital at 16,500.