The FMCG (Fast Moving Consumer Goods) industry in India had an overall 8.6 per cent volume growth in September quarter, helped by higher consumption as the inflationary pressure eased, according to a report by data analytics firm NielsenIQ. With correction in prices, the FMCG industry logged 9 per cent growth in value terms in July-September(Q3), reducing from the preceding quarters, it added. When inflation was at a record high, the FMCG industry had a high price-led growth in the last 5-6 quarters, though the volume was under stress.
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