Covid-19 impact: FMCG growth to be flat in 2020, says Nielsen survey
Flat growth will be on account of 18 per cent decline in April-June quarter
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April-June quarter saw the full impact of the nationwide lockdown that kicked in from March 25
The country’s Rs 4.3-trillion fast-moving consumer goods (FMCG) market will see a flat growth for the current calendar year because of the nearly 18 per cent decline seen in the April-June period, market research agency Nielsen said on Thursday.
Topics : Coronavirus Lockdown FMCG sector Nielsen Indian Economy