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The Times of India

Business

PTI

Premium, mid-end products lift festive sale spirit amid inflation woes

Inflation FMCG Sanjiv Mehta New Delhi

NEW DELHI: Premium and mid-end products have lifted sales of consumer durables and FMCG items this festive season amid inflation woes, according to industry players.

Industry body Consumer Electronics and Appliances Manufacturers Association (CEAMA) said the sector is estimated to clock volume growth of 20 per cent and value growth of over 30 per cent.

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