Sri Lankan Consumers Expect to Spend More, but Becoming More Deliberate About Choices

By Nishant Gupta and Parul Bajaj
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This article was first published in Daily FT

Sri Lanka’s consumer recovery is creating opportunities for businesses, but it calls for a more nuanced view of the consumer. Pricing decisions, portfolios and propositions need to reflect where consumer groups are able and willing to spend. Businesses that can read these differences in purchasing power, trade-offs and deferred demand will be better positioned to turn a broad recovery into sustained growth.