India's consumer index marks worst monthly fall

Procter & Gamble Hygiene and Health Care

28/02/2025 09:49

** India's Nifty FMCG Index .NIFTYFMCG down 10.7% in February, marking its worst month on record

** The consumer index eyes its fifth straight month of decline, its longest monthly losing streak on record - according to data compiled by LSEG

** Analysts have flagged sluggish urban consumption, slowing earnings growth and declining volume growth among key factors impacting consumer stocks

** The index down 2.56% on Friday, with all 15 of its components posting losses

** Procter & Gamble Hygiene and Health Care PROC.NS and Britannia Industries BRIT.NS top losers on the index, down 1.5% and 3.6%, respectively

** Benchmark Nifty 50 index .NSEI down 5.7% for the month

 (Reporting by Ashna Teresa Britto in Bengaluru)

 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))