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FMCG firms worry over high inflation, squeezing urban market; hint price hike

YourStory LogoYourStory3d ago

FMCG firms worry over high inflation, squeezing urban market; hint price hike - YourStory

Quick Summary:

HUL, Godrej Consumer Products, Marico, ITC, and Tata Consumer have expressed concerns over squeezing urban consumption, which according to industry experts, forms 65%-68% of FMCG total sales.

Besides, FMCG players reported growth from premium products and sales through quick-commerce channels.

"My hypothesis is probably food inflation is higher than what we think it is, and the impact is far higher," said D'Souza in the earnings call for the September quarter.


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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 06:07:30 (3 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 754 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23375808

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 20 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "FMCG firms worry over high inflation, squeezing urban market; hint price hike" was covered 3 days ago by YourStory, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 20 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/fmcg-firms-worry-over-high-17306173751759

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