As discussed earlier, with rising input costs for Food, Fuel & Fertilisers along-with normalisation of the market post pandemic correction, FMCG firms are fighting high input inflation while targeting growth, with demand diving because of low consumer purchasing power amidst inflation. Therefore, FMCG firms are stuck between dev…
Read moreThe FAO Dairy Price Index averaged 141.6 points in May, down 5.1 points (3.5%) from April, marking the first decline after eight consecutive monthly increases, but still 20.5 points (16.9%) higher than its level in May of last year. World prices of all milk products fell, with milk powders declining the most, underpinned by l…
Read moreGDP nos were out this week and it put India's GDP growth in January to March period at 4.1%. The Indian economy slowed down for the third straight quarter; from 20.3% in the first quarter and 8.5% in the second quarter, it had slowed to 5.4% in the third quarter.While the overall growth for FY-22 is estimated at 8.7%. During…
Read moreThe FAO Dairy Price Index averaged 120.0 points in February, up 1.3 points (1.1%) from January, but stood 18.6 points (13.4%) below its v...