India’s Household Spending Shifting Towards Asset-building : EAC-PM Report
The report reveals that households are spending a smaller portion of the monthly per capita expenditure (MPCE) on food items
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India To Conduct New Household Spending Survey Before Revising CPI
- by BW Retail World Bureau
- February 28, 2024
India will undertake another survey of family consumption as well as goods and brands at retailers to get a complete picture of domestic spending before adjusting the consumer price index (CPI), the news agency Reuters reported. The government revealed the preliminary findings of the 2022/23 household consumption expenditure survey, the first in more than a […]
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Indians Spending Less On Food, More On Discretionary Items: Survey
- by BW Retail World Bureau
- February 26, 2024
The Household Consumption Expenditure Survey reveals a shift in spending patterns among Indians, with a decrease in expenditure on essential staples like rice and wheat and an increase in discretionary items such as processed foods, along with durable goods like televisions and refrigerators. According to the data, average rural consumer spending has surged to Rs […]