FMCG sector: Sales growth slows in September quarter as GST changes hit volumes; rural markets outpace ci - The Times of India
Sales growth in India’s fast-moving consumer goods (FMCG) sector eased in the September quarter, with volume growth slipping to 5.4 per cent due to disruptions linked to GST rate changes, even as value growth rose to 12.9 per cent, according to data from NielsenIQ. The report said rural markets continued to expand faster than urban areas for the seventh straight quarter, though the pace softened s…