Wedding season: No significant pick-up in demand for gold je

Wedding season: No significant pick-up in demand for gold jewellery, household and kitchen appliances in semi-urban & rural markets, ET Retail

Wedding Season: This is driven by the fact that daily household inflation is yet to sober down completely impacting consumption amongst masses or people with low-to-mid income levels. Overall consumption in small towns and rural areas is impacted for 6-8 quarters now due to inflation though the rich in these markets are buying, that too premium products. Cash is replacing jewellery and electronic products as wedding gift.

Related Keywords

, Wedding Season , Demand For Gold Jewellery , Household And Kitchen Appliances , Rural Markets , Hindi Heartland Belt , Daily Household Inflation , Premium Products , Marriage Season , Entry Level Products , Investment Amount ,

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