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The Times of India

Business / The Times of India

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FMCG growth slows in December quarter on GST transition

FMCG volume growth in India slowed to 2.6% in the December quarter, down from 6.2% a year prior, due to disruptions at kirana stores caused by the GST transition. While value growth also declined, analysts anticipate a consumption recovery from the March quarter as the impact of tax cuts becomes more apparent.

6 Mar 2026 7:01 am