Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice | Stock Market News

Urban demand growth rate fall hurts FMCG business amid rising food inflation — expert advice | Stock Market News

Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…

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