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FMCG Sales Surge Amid Rural Demand #fmcgindustry #sales #pricehike
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Indian Economic Updates : FMCG Sales Surge Amid Favourable Monsoon, Rural Demand, But Price Hikes Loom
Consumer goods firms are experiencing significant sales growth this quarter compared to July-September 2023, driven by favorable monsoon conditions, lower inflation, and strong festive stocking, signaling a recovery from the recent slowdown. The FMCG sector is seeing a revival in both value and volume sales, boosted by rising rural demand. However, analysts warn that volume sales may face challenges due to impending price hikes, particularly in categories affected by higher import duties on edible oils. Despite this, the overall FMCG market is projected to grow 12% by value in this quarter, compared to a 2.3% decline last year, reflecting improving trends from rural areas and favorable conditions.
#fmcgindustry #sales #pricehike
Consumer goods firms are experiencing significant sales growth this quarter compared to July-September 2023, driven by favorable monsoon conditions, lower inflation, and strong festive stocking, signaling a recovery from the recent slowdown. The FMCG sector is seeing a revival in both value and volume sales, boosted by rising rural demand. However, analysts warn that volume sales may face challenges due to impending price hikes, particularly in categories affected by higher import duties on edible oils. Despite this, the overall FMCG market is projected to grow 12% by value in this quarter, compared to a 2.3% decline last year, reflecting improving trends from rural areas and favorable conditions.
#fmcgindustry #sales #pricehike
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