BUZZ-India's consumer index marks worst monthly fall

Reuters
28 Feb
BUZZ-India's consumer index marks worst monthly fall

** India's Nifty FMCG Index .NIFTYFMCG down 10.7% in February, marking its worst month on record

** The consumer index eyes its fifth straight month of decline, its longest monthly losing streak on record - according to data compiled by LSEG

** Analysts have flagged sluggish urban consumption, slowing earnings growth and declining volume growth among key factors impacting consumer stocks

** The index down 2.56% on Friday, with all 15 of its components posting losses

** Procter & Gamble Hygiene and Health Care PROC.NS and Britannia Industries BRIT.NS top losers on the index, down 1.5% and 3.6%, respectively

** Benchmark Nifty 50 index .NSEI down 5.7% for the month

(Reporting by Ashna Teresa Britto in Bengaluru)

((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

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