Consumer spending falls for the first time in more than 4 decades: Survey

Last Updated: Nov 15 2019 | 9:07 PM IST

The survey — Key Indicators: Household Consumer Expenditure in India — shows the average amount of money spent by a person in a month fell by 3.7 per cent to Rs 1,446 in 2017-18 from Rs 1,501 in 2011-12. The figures for monthly per capita consumption expenditure (MPCE) are in real terms, meaning these have been adjusted for inflation, keeping 2009-10 as ... To know more, watch the video

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