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essential items: Demand for essential items at decade-high levels

Sales of daily groceries and essentials increased 8.5% YoY between April and June; the highest increase in a decade. FMCG sales was up 5.3% in rural markets and 12% in cities from a year earlier. However, consumption in villages only grew by 2%. Analysts believe the high increase in sales was largely due to the government offering free food grains, notably atta, which saw a growth of 8.5% during the quarter. ....

Saugata Gupta , El Nino , Mohit Malhotra , Items At Levels Et Bureau , Worldpanel Division , Kantar Worldpanel , Krishnarao Buddha , South Asia , Essential Items , Decade High Levels , Parle Products ,