The downtrading phenomenon, where consumers switch to purchasing smaller product sizes due to financial difficulties or rising prices, has intensified in the fast-moving consumer goods (FMCG) sector. Data from retail intelligence platform Bizom shows that smaller product sizes have experienced more rapid growth compared to medium or high-priced alternatives across most FMCG categories.
The most significant rain event for last month was Aug. 21, as the remnant moisture from what was Tropical Cyclone Fernanda moved across windward slopes of the Big Island and Maui. Automated rain gauges on the eastern side of the Big Island recorded 2 to 4 inches of rain.
While GDP has grown better than expected, this was the driest August ever recorded. That does not augur well, unless the rain gods change their mind. India s real estate sector is on the rise, but the gender gap in its workforce persists.
Hit by strengthening El Nino, India had only 161.7 mm of rainfall this month. Never has the country received less than 190 mm of rainfall in August, as per IMD.
Hit by strengthening El Nino, India had only 161.7 mm of rainfall this month. Never has the country received less than 190 mm of rainfall in August, as per IMD.