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High Inflation Likely To Keep Demand Subdued In 2025
Hindustan Times
|December 06, 2024
Demand for goods is likely to remain subdued next year, as high inflation hurts real incomes, eroding consumer confidence, market research firm Kantar said in its outlook for 2025 released on Thursday.
India's socio-economic landscape has altered significantly post-covid. The urban middle class, once the cornerstone of the consumer goods market, has become the smallest cohort. Real incomes have been under pressure, leading to stagnating consumer confidence. Consumption in the urban areas has slowed more sharply than in rural regions, Kantar said.
Dit verhaal komt uit de December 06, 2024-editie van Hindustan Times.
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