Household staples see modest sales rise in Q3

Nuvama Equities highlights that urban demand is facing significant challenges, driven by inflation, stagnant wage growth, and rising housing costs. In a recent report, they forecast that this urban slowdown is likely to persist for another two to three quarters, prompting concerns about economic recovery in urban areas. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FMCG-Cons. Products-Industry-The Economic Times