Indian consumers have shown an intent to increase discretionary spends in anticipation of the upcoming festive season
Surging costs of imported commodities have driven China's factory inflation to the highest level since 2008, while selling prices to consumers are holding fairly steady.
The recent optimism at the bourses stems from the hope that consumers will resort to 'revenge buying' once the lockdown condition is lifted following the second wave of Covid infections receding
Capping the trade margin on oxygen concentrators by the government has resulted in ensuring consumer savings as the price of the critical device has come down
The RBI Current Situation Index has been negative in all surveys conducted in the past four years except the one in March 2019
Firms continued to bear elevated cost pressures but only passed some of it to consumers to stay competitive
Consumers will become more aware of brands and seek comfort and convenience at the click of a button.
The default rates in September 2020 remained stable at 12.1 per cent, a level also seen in September 2019
Additionally, the consumer will hopefully have more to spend in the short term, which will push up demand
Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion
US consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus.
Grofers, which has a strong play in the private labels segment across categories, is likely to follow this strategy in the fashion segment
The findings of the report, published by Business Standard in November 2019, showed consumer spending falling for the first time in over four decades in 2017-18.
More families expect general price rise in next one year
Key states including Uttar Pradesh, West Bengal, Maharashtra, Gujarat and Bihar saw between a 4-8 percentage point return to normalcy amid the festival season
One obvious solution is to create an advertising property that resonates emotionally with the consumer.
Crowds return ahead of festive season, but caution in spending hints that sales may remain sluggish
AU Small Finance Bank on Monday said customer spending is getting back to pre-COVID levels and its festive season offer has witnessed 23 per cent rise in per day debit card spends.
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Margins not impacted significantly even as firms offer everything from price-offs and grammage increase to buy-one-get-one free schemes, combo packs