Purchasing Power Likely To Weaken: Pramerica MF
  • Saba Ashraf
  • Jul 25 2013

July 25: There has been a slowdown in demand and consumer spending over the last couple of months. “India will see a fall in purchasing power,” says B.P. Singh, Executive Director and CIO – Equity at Pramerica Mutual Fund. “It will move from a buyer’s market to an investor’s market,” he says.