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LATEST NEWS UPDATES | Research firm Nielsen slashes FMCG growth forecast for 2020 -Meenakshi Verma Ambwani

Research firm Nielsen slashes FMCG growth forecast for 2020 -Meenakshi Verma Ambwani

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published Published on Apr 30, 2020   modified Modified on May 1, 2020

-The Hindu Business Line

Q1 value growth at 6.3 per cent for the FMCG industry

Nielsen on Thursday has slashed its annual growth forecast for India's FMCG sector to mid-single digits in the range of 5-6 per cent for the calendar year 2020, as the world grapples with the Covid-19 pandemic. It had earlier predicted growth to be in the range of 9-10 per cent for India's FMCG sector for the full year of 2020.

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The Hindu Business Line, 30 April, 2020, https://www.thehindubusinessline.com/economy/research-firm-nielsen-slashes-fmcg-growth-forecast-for-2020/article31470992.ece?homepage=true


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