Inflation could slow India's consumer goods volume growth again

The Economic Times reports that Worldpanel by Numerator analysis warns India's fast-moving consumer goods companies could face renewed pressure on sales volumes as shoppers move to smaller packs and cheaper products. India's retail inflation reached 5.54% year-on-year in September 2026. During the previous inflation cycle, average pack sizes fell 11% between the March 2022 and December 2024 quarters; Worldpanel says urban consumers tend to cut back more sharply at first than rural consumers.