War clouds over wallets: Iran conflict hits demand, FMCG growth seen at 3%

India's fast-moving consumer goods sector faces a growth downgrade. The Gulf conflict is increasing costs for packaging and transport. This could force companies to raise prices, impacting consumer spending, especially in villages. Rural demand may slow down again. Companies are already increasing prices or reducing pack sizes. This situation threatens recent recovery in the sector.

Raccontata daeconomictimes.indiatimes.com