AC, Fridge Price Hike: Your pocket may take a hit in April. It is expected that the prices of ACs, refrigerators, and smart TVs may increase in the coming days.

Many products, including AC and fridges, will become expensive.

AC, Fridge Price Hike: Your pocket may take a big hit in April. Smartphone and laptop prices have been rising for the past few days, and now other electronic items may also rise. According to reports, the prices of refrigerators, ACs, and smart TVs are expected to rise starting in April. This means that even purchasing items that provide relief from the heat will be a hassle. Rising raw material prices and increased transportation costs have increased company costs, and this will now impact customers' pockets.

How expensive can these items be?

Reports suggest that the prices of refrigerators, air conditioners, and smart TVs may rise by 5-6 percent. A shortage of memory chips has led to a rise in their prices, impacting the prices of smartphones, laptops, and smart TVs. Similarly, the prices of plastic, resin, and polymers needed for refrigerators and air conditioners have also risen in recent days, which will now impact their prices.

This is also the reason why smart TVs are expensive.

Smart TVs use memory chips, which is why their prices are bound to rise. Furthermore, due to a shortage of LCD panels, companies are having to pay more to purchase them. Consequently, the prices of smart TVs are bound to rise. The price increases will be most pronounced for 32, 43, 55, and 65-inch TVs.

Laptops will be up to 35 percent more expensive.

Laptop prices could rise by up to 35 percent this year due to rising costs of processors, GPUs, and memory components . Experts say that rising RAM prices and a shortage of entry-level Intel processors are driving laptop prices higher. Laptops that previously sold for ₹30,000-₹35,000 are now approaching ₹45,000.