Average monthly consumption rises in rural, urban areas

Quick Summary:

Consumption inequality in rural and urban areas of India decreased in 2023-24 compared to the previous year, as shown by the HCES.

Average monthly per capita consumption expenditure also rose across the 18 major states, with the highest increases in rural Odisha and urban Punjab.

For urban sector, the share of food in consumption expenditure varies from 36.1% (in Maharashtra) to 48.8% (in Bihar).

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: India news Google news Breaking news Household Consumption Expenditure Survey India news today Average monthly consumption Consumption inequality MPCE increase Odisha MPCE increase Today news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 09:59:31 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25656657

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