El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumption: Report
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New Delhi [India], July 9 (ANI): India's FMCG sector will likely face fresh headwinds in the coming quarters as the emerging El Nino weather pattern raises the risk of a weaker-than-normal monsoon, potentially dampening rural demand, as per a report by Phillip Capital. The report noted, with June rainfall estimated at 40 per cent below normal and the India Meteorological Department (IMD) forecasting another below
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