After hitting a low of 4 per cent last fiscal year, private consumption growth is set to strengthen this fiscal. Consumption growth has been slow to recover due to the incomplete recovery of incomes from the pandemic’s impact. However, this fiscal ye

A raft of factors can whet spending propensity

Consumption tailwinds

Business Standard

vegetable, household income, price, inflation

Easing inflation, a smaller fiscal deficit and a turn in US Federal Reserve's policy rates create grounds for policy rate cuts in India

Dipti Deshpande

Dipti Deshpande

Dipti Deshpande

Consumption tailwinds

4 shocks pushed up prices, led to supply disruptions and price reactions