In Q2 2024, India's FMCG sector volume growth decreased to 3.8% from 6.5%, led by food sector slowdown and affected by macroeconomic factors.

India's FMCG sector experienced a 3.8% volume growth in Q2 2024, down from 6.5% in Q1. The slowdown was led by the food sector and affected by macroeconomic factors. Rural FMCG volume growth was 5.2%, outpacing urban volume growth of 2.8%. Non-food categories saw a 7.6% volume growth in Q2, down from 11.1% in Q1. The modern trade store channel continued to grow at 10.9% during the quarter, although slower than the previous quarter.

August 08, 2024
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