Spices to soaps: Prices of consumer items have spiked up to 32% in a year

The prices of personal care products have also witnessed an increase over the past year

Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions. This has been affecting monthly household budgets.

Prices of scores of items -- from spices to soaps to rice -- have increased in the past year.

Consumer-focused companies have come up with a number of solutions to address this problem; they include a reduction in pack sizes, the introduction of bridge packs, and passing on the price increase to the consumer on bigger packs.

There has been a double-digit year-on-year increase