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Consumer Industries

Indian consumer-goods makers' earnings signal deepening slowdown

Third-quarter marks slowest volume growth for companies since April-June 2017

India's retail inflation is at a six-year high with vegetable, dairy products, and palm oil prices rising.   © Reuters
| India

MUMBAI (NewsRise) -- Indian consumer-goods manufacturers' latest quarterly earnings portend a deepening slowdown in the sector as sagging rural incomes and rising unemployment cloud demand outlook in the near term.

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