Mayday for FMCG, electronic companies as demand begins to sputter - Economic Times

6/2/2022 12:00:00 AM2 years 11 months ago
by Sagar Malviya and Writankar Mukherjee
by Sagar Malviya and Writankar Mukherjee
Sales shrunk across categories in May led by commodities like edible oil and packaged atta which fell 32% followed by home care and confectionery which declined by 10% respectively.
India's fast-moving consumer goods (FMCG) market's value growth fell 16.5% sequentially in May compared with the month of April, signalling reduced consumer spends on daily essentials due to rising p… [+2612 chars]
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