FMCG growth post GST cuts: Sales pick up in first quarter after reforms; value growth stays muted

Following GST rate reductions, consumer demand for household essentials and groceries saw a significant boost in the October-December quarter, with sales volumes rising by 9-10%. This growth, despite initial trade disruptions, suggests a revival from an inflation-led slowdown, with urban-rural demand gaps narrowing.

FMCG growth post GST cuts: Sales pick up in first quarter after reforms; value growth stays muted
Following GST rate reductions, consumer demand for household essentials and groceries saw a significant boost in the October-December quarter, with sales volumes rising by 9-10%. This growth, despite initial trade disruptions, suggests a revival from an inflation-led slowdown, with urban-rural demand gaps narrowing.