Rural consumption takes pole position in second quarter - Business News: Latest News & Videos about market and economy | Trendmergers

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Rural consumption takes pole position in second quarter

In the fast moving consumer goods market, rural consumption expanded 58% year on year, twice the rate of urban consumption, which grew 28% during the quarter ended September, according to the latest report by Bizom, a sales automation firm that transacts with 7.5 million retail stores. To be fair, the overall market has recovered sharply with the quarter seeing a 46% growth in total sales by value.

from Industry-Economic Times
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