Key Points
Government of India data shows poorest rural households now spend like their urban counterparts..
But we need to ask whether higher rural inflation is partly driving higher expenditure in villages..
For the first time in about 11 years, GOI has released an All India Household..
Its broad findings on the evolution of urban and rural consumption patterns will pave the way for revising the base for key economic indicators, including GDP and CPI...
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Another household consumption survey likely before revising CPI: Report
27, Feb, 24There are chances that the findings of the household consumption survey could lead to a decrease in the weighting of food in the consumer price index.
Rural-urban household spending gap narrows
24, Feb, 24The Household Consumption Expenditure Survey (HCES) 2022-23 in India reveals that the gap between urban and rural household consumption has significantly narrowed. The survey will impact the calculation of inflation, poverty, and consumer price index series.
Lower on food, higher on conveyance & durables — how consumption patterns changed in past decade
08, Mar, 24Household Consumption Expenditure Survey shows urban-rural gap has narrowed, particularly at lower levels of consumption, implying effectiveness of govt policies in improving rural incomes.
India’s household consumption survey captures predictable changes
28, Feb, 24Spending trends over the past decade or so are found to be on expected lines, but why expenditure lags growth in national income is a good question.
Latest NSSO consumer survey indicates poverty down to 5 per cent: NITI Aayog CEO
25, Feb, 24The latest consumer expenditure survey reveals that poverty in India has decreased to below five per cent. Per capita monthly household expenditure has doubled, indicating increased prosperity in rural and urban areas. The survey also shows a decrease in consumption of cereals and food, with people spending more on milk, fruits, vegetables, and processed food.
Mint Explainer: What does the latest survey of household consumption spending reveal?
26, Feb, 24Significantly, the share of spending on food has fallen below 50% for the first time in rural India.
India officially eliminates 'extreme poverty', claim multiple reports
02, Mar, 24India Business News: India has officially ended extreme poverty, thanks to high consumption, significant growth in real per capita consumption, and shifts in monthly consu
From beverages, packed food to medicines: How India’s spending patterns stack up
25, Feb, 24Food’s share in total household spending is now less than half in rural areas for the first time, official survey data showed. On average, a rural person spent ₹3,773 per month, compared to ₹6,459 per month in urban areas.