New Delhi: Persistently weak urban demand can weigh heavy on fast-moving consumer goods (FMCG) companies in the October-December financial quarter, reports Business Standard.

The paper notes that the situation can be alleviated with price hikes – something which does not augur well for the consumer.

The report quoted HDFC Securities’ note on how the macro environment has “remained subdued” and how that has led some companies to undertake corrections in their inventory.

Reliance, the report noted, which is the largest modern trade player, has taken up “significant” inventory optimisation measures.

Among reasons behind this are........

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