Consumer sector earnings outlook: Consumer sector companies report a faster sequential recovery in Q2
Synopsis
While analysts believe that the trend may sustain, some economists expect a more gradual pace of recovery in anticipation of abatement in pent-up demand and moderation in spending after the festive season.
ET Intelligence Group: With industrial demand still below the pre-pandemic level, consumer-centric sectors have taken the centre stage. Companies from these sectors staged a faster recovery in the quarter to September on a sequential basis than the industry on average. This was on account of pent-up consumer demand and rising propensity to spend among rural consumers amid better monsoon and improving farm income aided by higher sowing and
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
To Read the Full Story, Become an ET Prime Member
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Access the exclusive Economic Times stories, Editorial and Expert opinion
Already a Member? Sign In now
Why ?
-
Sharp Insight-rich, Indepth stories across 20+ sectors
Access the exclusive Economic Times stories, Editorial and Expert opinion
![]()
Clean experience with
Minimal Ads-
Comment & Engage with ET Prime community ![]()
Exclusive invites to Virtual Events with Industry Leaders -
A trusted team of Journalists & Analysts who can best filter signal from noise