Looking to buy a Mercedes-Benz? You'll have to pay up to 4% more from Sept

German luxury carmaker Mercedes-Benz on Thursday said it will hike prices of its vehicles across models by up to 4 per cent from September to offset adverse impacts of rising input costs and upward forex movement.

The rising inflation due to geopolitical dynamics, coupled with rising input costs and increasing forex rates has been exerting significant pressure on overall operations, Mercedes-Benz India said in a statement.

While the rupee has depreciated by more than 5 per cent against the Euro in last eight months, the repo rate has gone up by 0.5 per cent in the last couple of months, it added.

"The combination of all these factors led Mercedes-Benz India to upwardly revise the prices of its entire model range and also the retail finance rates," it said.

The upward revision of the price across the entire model range will be effective from September 1, 2018, and would be up to 4 per cent depending on the model, the company said.