Gradual Recovery In Consumer Staples, Indicates Citi — Check Key Buys And Sells

Commentary on consumer sentiment and urban demand recovery will be crucial, alongside early evidence of sustained demand improvement from GST rate cuts, as per the brokerage.

(Image: Neha Aravind/NDTV Profit)

After several sluggish quarters, the outlook for India’s consumer staples sector appears to be slowly turning a corner. Global brokerage firm Citi expects a sequential improvement in growth momentum in the third quarter, helped by lower prices across categories following GST rate cuts, higher grammage in low-unit packs, and a partial recovery after the inventory destocking seen in September–October.

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WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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