Unilever to continue price cuts amid market challenges in Indonesia
Unilever's price reduction strategy aims to mitigate the impact of inflationary pressures on household budgets while maintaining product quality and availability.
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Unilever's price reduction strategy aims to mitigate the impact of inflationary pressures on household budgets while maintaining product quality and availability.
Analysts predict this trend to continue in Q3 FY24, with volumes hovering between 2% and 5%. The weakness is attributed to a muted rural demand revival and increasing competition from smaller regional players chipping away at HUL's market share.