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Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Business Standard LogoBusiness Standard9h ago

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ - Business Standard

Quick Summary:

Giants grow slowest in terms of value growth; and volume growth drops compared to AMJ’24 (April-May-June),” said NielsenIQ.

Small manufacturers recovered from the consumption decline of the last 3 quarters & grew faster than giants this is led by sharp recovery in volume growth in food for small players.

Urban demand came in at 2.8 per cent while rural demand increased to 6 per cent from 5.2 per cent in the April-June quarter.

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Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ - Business Standard (Picture 1)

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Category: BusinessFinance

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Published On: 2024-11-07 @ 11:17:49 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

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Copyright Owner: © Business Standard

News ID: 23458666

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