{"id":527688,"date":"2022-10-07T09:49:45","date_gmt":"2022-10-07T04:19:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=527688"},"modified":"2022-10-07T10:55:09","modified_gmt":"2022-10-07T05:25:09","slug":"how-will-opec-production-cuts-affect-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-will-opec-production-cuts-affect-india\/","title":{"rendered":"How will OPEC production cuts affect India?"},"content":{"rendered":"<p>India\u2019s consumption sector is playing on the front foot this festive season, as consumers rush to markets and restaurants after two dull years marred by the pandemic.<\/p>\n<p>Despite price hikes, inflation and muted rural demand, aggregate sales volume for consumer goods remained steady during the July-September quarter.<\/p>\n<p>Analysts see the trend sustaining as discretionary demand remains strong in the middle and upper-middle class of population.<\/p>\n<p>\u201cHuge pent-up demand continued to fire growth in most discretionary segments in Q2FY23. Staples consumption in rural India remained more impacted, than overall urban consumption, due to inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s consumption sector is playing on the front foot this festive season, as consumers rush to markets and restaurants after two dull years marred by the pandemic. Despite price hikes, inflation and muted rural demand, aggregate sales volume for consumer goods remained steady during the July-September quarter. Analysts see the trend sustaining as discretionary demand remains strong in the middle and upper-middle class of population. \u201cHuge pent-up demand continued to fire growth in most discretionary segments in Q2FY23. Staples consumption in rural India remained more impacted, than overall urban consumption, due to inflation.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-527688","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/527688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=527688"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/527688\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=527688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=527688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=527688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}