Consumption stocks: With RBI cutting repo rate and CRR amid easing inflation, consumer sentiment is expected to improve. Find out which consumer stocks could benefit the most and top stocks to buy
The recent provisional gross domestic product (GDP) estimates for FY25, for instance, captured the early signs of a rural consumption boost
It also noted that the impulse from rural demand is expected to continue in the second half of the financial year
Kerala, Telangana, and Tamil Nadu lead India in household consumption, surpassing the national average in spending
Conversely, among non-food items, rural households reduced spending on medical care, education, rent, fuel, and durable goods
Consumption inequality in rural as well as urban areas declined during August 2023-July 2024 period as compared to a year ago, according to the latest Household Consumption Expenditure Survey released on Friday. The Gini coefficient declined to 0.237 from 0.266 for rural areas and to 0.284 from 0.314 for urban areas during the period under review, a statement by Ministry of Statistics & Programme Implementation on the survey said. The Gini coefficient statistically measures consumption inequality and wealth distribution within a society. The "consumption inequality, both in rural and urban areas has declined from the level of 2022-23," stated the Household Consumption Expenditure Survey (HCES) based on the fieldwork undertaken during August 2023 to July 2024. The average MPCE (monthly per capital expenditure) in rural and urban India in 2023-24, without taking into account the social welfare schemes, has been estimated at Rs 4,122 and Rs 6,996 (at current prices), ...
Urban prosperity should hardly be dependent upon government support, which is after all unsustainable over a long period
Rural may outpace urban; rain plays spoilsport for out-of-home consumption, beverages: Analysts
The company has increased its rural distribution and now has up to 30,000 rural distributors
With increasing affluence, the new India is spearheaded by aspiration for better quality of life, he says
In addition to rural schemes, normal monsoons are expected to sustain the rally of consumer majors
Lower taxes and levies on mobile phones and associated products such as chargers to help bring down prices
Increasing trends of premiumisation and volume growth may also expand operating margins by 50-75 basis points, despite higher marketing expenses and competition
Rural consumer sentiment is at its lowest level in FY25
There are many changes happening that should help big FMCG brands reach rural consumers
The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24
The state plans to fund about 8,300 enterprises under two credit schemes: Mukhyamantri Yuva Swarojgar Yojana and Mukhyamantri Gramodyog Rojgar Yojana
According to Kantar Worldpanel, rural has overtaken urban growth at the quarterly level quicker than expected
Analysts say rural demand stagnates while urban areas drive low to mid-single-digit volume growth, posing challenges for the sector
Spending share increased on intoxicants, toilet articles, entertainment