Feeble demand in rural areas of the country has affected sales of fast-moving consumer goods (FMCG) in September as compared to August, which saw heavy stocking ahead of the festival season, according to the data of Bizom, a retail intelligence platform.
Sales in rural India fell 14.3 per cent while urban sales growth stood at 1.1 per cent in September as compared to the previous month.
Overall FMCG sales fell by 9.6 per cent in September as compared to August. Rural sales form 65-70 per cent of FMCG sales, according to Bizom. It pointed out rural sales were affected owing to excessive