Spending cut: Indian consumers opting for lower-priced goods

Down-trading hints at a possible squeeze on monthly household budgets. Consumers have also opted for buying smaller packs in categories such as edible oils, sugar and tea in the hope that their prices will come down soon.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/shopping-preferences-indian-consumers-opting-for-lower-priced-goods/articleshow/84398040.cms