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Spending on FMCG up 2.9% in Q2

Spending on food, drinks and toiletries increased by 2.9% in the second quarter, but the increase was due to a 3.8% rise in prices, with consumers reducing the volume of purchases made by 0.9%, according to Nielsen.

That contrasts with the figures for Europe, where a 3.7% rise in spending reflected a 2% increase in prices and a 1.7% rise in volumes.

Click here for the full FT article (£)

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