Consumer firms defy economic headwinds
KARACHI: Amid rising food inflation and weakening purchasing power from higher fuel costs driven by Middle East tensions since the start of the US-Israel war on Iran on Feb 28, local and multinational consumer goods companies in Pakistan reported improved sales in the first nine months of 2026 and the first quarter of FY27. However, some companies remain cautious about their full-year 2026…
Consumer firms in Pakistan have defied economic headwinds and reported improved sales in the first nine months of 2026, despite rising food inflation and weakening purchasing power from higher fuel costs driven by Middle East tensions since the start of the US-Israel war on Iran on Feb 28. Nestlé Pakistan, FrieslandCampina Engro Pakistan, Unilever Pakistan, Colgate-Palmolive Pakistan, and Fauji Foods Limited all saw increased revenue and net profit after tax during this period.
However, some companies remain cautious about their full-year 2026 outlook amid persistent inflationary pressures, higher freight and energy prices, and regional conflicts.
Brief written by urgent.news from Dawn Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.