P&G India flags softening rural demand as inflation bites across food, energy, healthcare
Incoming PGHH CFO Srividya Srinivasan warns rural consumption growth is cooling over the next 3-6 months, citing West Asia-driven commodity price pressure and a delayed monsoon weighing on near-term FMCG volumes.
P&G India flags softening rural consumption growth driven by rising inflation across food, energy and healthcare. Incoming PGHH CFO Srividya Srinivasan cites West Asia crisis pressuring commodity prices and delayed monsoon affecting near-term FMCG growth rates.