FMCG volume growth slows in June quarter, rural outpaces urban market: NielsenIQ

In the June quarter of 2024, the FMCG industry's volume growth slowed to 3.8% due to macroeconomic challenges affecting staple foods like packaged salt, wheat flour, and palm oil. This is a decline from 7.5% in the same quarter of 2023 and 6.5% in the previous quarter.