Rural markets in India flat due to impact of high food inflation on low income consumers: Unilever CEO Alan Jope

​"The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes," Jope said during its earnings call. "But we remain confident that we can continue to grow ahead of the market in India."

from Industry-Economic Times https://ift.tt/R5tQ09C
via IFTTT