Cheap Website Traffic

Third Covid-19 wave: Consumers prioritise purchasing only bare essentials

[ad_1]



The third wave of the pandemic impacted consumption of fast-moving consumer goods (FMCG). Bizom data notes that while other categories’ consumption took a hit, commodity (edible oil, rice, wheat flour) consumption remained high as people focused on essentials.


“Over the last year, we have seen an uptick in packaged foods consumption driven by increased out of home consumption resulting from increased travel and enabled by high vaccination rates across the country,” Akshay D’Souza, chief of growth & insights at Bizom said.


Third Covid-19 wave: Consumers prioritise purchasing only bare essentials





Home-care sales have been trending lower for the last few months as the high obsession on health and hygiene continues to taper down, he added.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



[ad_2]

Source link

Cheap Website Traffic