BQ Survey | No Resurgence In Demand For Consumer Goods In Second Quarter

Demand for consumer goods failed to pick up in the quarter ended September despite the onset of the festive season, according to a BloombergQuint survey.Sales volumes remained largely unchanged during the second quarter and the credit period—time between delivery of goods and payments—remains high, according to the survey of nine large distributors of consumer goods across India.That’s in line with earnings forecast for consumer good...