FMCG companies expect rural demand to bounce back by 2nd quarter - Business News: Latest News & Videos about market and economy | Trendmergers

Breaking

Post Top Ad

Post Top Ad

FMCG companies expect rural demand to bounce back by 2nd quarter

Growth slowed in India's villages, which contribute around 35% to overall FMCG sector sales, as steep inflation of food, other daily essentials and fuel, and declining wages forced consumers to buy cheaper products or stop buying these products. In cities, meanwhile, most companies said modern trade recovered from the low base of last year, helping the urban market post similar growth numbers sequentially in the last quarter.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad