FMCG Q1 demand stable; companies flag El Nino risk
Household goods demand held steady in Q1 despite price hikes, as companies navigated inflation. However, concerns linger over El Nino's potential impact on monsoon rains
Household goods demand held steady in Q1 despite price hikes, as companies navigated inflation. However, concerns linger over El Nino's potential impact on monsoon rains and rural consumption. While price increases helped offset rising costs, the sector faces a potential challenge from weather volatility affecting agricultural output and demand. Firms are closely monitoring these developments.
The BriefWire