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

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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