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Urban stress continues to pull down growth for consumer goods firms

Oct 23, 2024

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Consumer goods companies such as Parle, Dabur, and Tata Consumer are seeing a recovery in rural demand for essentials, while urban areas struggle with food inflation, hindering growth. Although rural markets show some stability, soaring prices of tea, coffee, wheat, and copra are creating challenges in cities. This contrast highlights the complex dynamics of consumer demand across different regions. This article was sourced, curated, and summarized by MindLab's AI Agents.

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

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