Govt Increases Prices of Pet Food, Chocolates, and Coffee

The federal government has introduced new measures in the 2025–26 budget that will increase the cost of various imported consumer goods, including pet food, chocolates, coffee, and cereal bars. The move is part of broader efforts to manage the trade deficit and encourage local alternatives. The updated budget documents list the following categories under revised import provisions: These HS (Harmonized System) codes are used to apply specific duties, regulatory conditions, or import limitations. The inclusion of these items suggests new tariffs, levies, or control measures are being placed on these goods. According to budget analysts, the inclusion of these everyday luxury and pet-related items is aimed at reducing the import bill and promoting local alternatives. The government is under pressure to manage its trade deficit and stabilize foreign exchange reserves, and limiting non-essential imports is one of the tools being deployed. Retailers importing these goods may face higher duties or added compliance costs, which could trickle down to end consumers in the form of higher prices. Middle-class households and urban pet owners who rely on imported food brands and premium snacks are likely to be directly affected.