Sales growth for fast-moving consumer goods (FMCG) companies is likely to remain muted in the September quarter, as consumers remain unwilling to increase spending.
(Source: Business Standard)
Sales growth for fast-moving consumer goods (FMCG) companies is likely to remain muted in the September quarter, as consumers remain unwilling to increase spending.
(Source: Business Standard)
Sales growth for fast-moving consumer goods (FMCG) companies is likely to remain muted in the September quarter, as consumers remain unwilling to increase spending.
Mumbai-based research & analytics company ZyFin’s consumer outlook index for September, released on Tuesday, was at its lowest in a year at 39.1, down 1.4 points from August. “This indicates pessimism among consumers. Overall scores regarding spending continue to remain weak,” said Debopam Chaudhuri, vice-president, research, ZyFin.
While consumers remain a little optimistic about spending on vehicles, their outlook on spending for consumer goods, durables and non-durables, remains weak, Chaudhuri added.
(Source: Business Standard)