Index Investing News
Sunday, November 2, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Monthly household consumer spending more than doubled in last decade

by Index Investing News
February 25, 2024
in Financial
Reading Time: 5 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


The per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12, according to the latest study of the National Sample Survey Office (NSSO). NSSO, under Ministry of Statistics and Programme Implementation, conducted the Household Consumption Expenditure Survey (HCES) during August 2022 to July 2023, an official statement said on Saturday.

The survey aims to generate estimates of household Monthly Per Capita Consumption Expenditure (MPCE) and its distribution separately for the rural and urban sectors of the country, for states and Union Territories, and different socio-economic groups. As per the survey, the average MPCE at current prices (without imputation) more than doubled to Rs 6,459 in urban areas in 2022-23 from Rs 2,630 in 2011-12. Similarly in rural areas, it jumped to Rs 3,773 from Rs 1,430 at current prices.

As per the study, the average MPCE at 2011-12 prices (without imputation) also increased to Rs 3,510 in 2022-23 from Rs 2,630 in 2011-12 in urban areas. Similarly, it rose to Rs 2,008 from Rs 1,430 in rural areas at 2011-12 prices. It showed that the average MPCE also increased (with imputation) to Rs 6,521 in 2022-23 from Rs 2,630 in 2011-12 at current prices in urban areas.
Similarly, it rose to Rs 3,860 from Rs 1,430 in rural areas. The average MPCE at 2011-12 prices (with imputation) increased to Rs 3,544 in 2022-23 from Rs 2,630 in 2011-12 in urban areas. It increased to Rs 2,054 from Rs 1,430 in rural areas.

The estimates of MPCE are based on the data collected from 2,61,746 households (1,55,014 in rural areas and 1,06,732 in urban areas) in the central sample spread over all states and Union Territories. In HCES:2022-23, the usual practice of imputation of the value figures for consumption out of home-grown/home-produced stock and gifts, loans, free collection and goods received in exchange of goods and services etc. Has been continued; and accordingly, estimates of MPCE have been generated. Besides, a provision for collection of information on the quantity of consumption for a number of items, received and consumed by the households free of cost through various social welfare programmes has been made in HCES:2022-23.

Consequently, the value figures for food items: rice, wheat/atta, jowar, bajra, maize, ragi, barley, small millets, pulses, gram, salt, sugar, edible oil and non-food items: laptop/PC, tablet, mobile handset, bicycle, motorcycle/Scooty, clothing (school uniform), footwear (school shoe etc.) received free of cost by the households through these programmes, have been imputed using an appropriate method. Accordingly, another set of estimates of MPCE considering imputed values of these items and of consumption out of home produce, free collection, gifts, loans etc. Has also been compiled for HCES: 2022-23.

 





Source link

Tags: ConsumerDecadeDoubledhouseholdMonthlySpending
ShareTweetShareShare
Previous Post

AT&T to give billing credits to consumers impacted by outage By Reuters

Next Post

Belarusians vote in tightly controlled election amid opposition calls for its boycott

Related Posts

Vedanta Q2 Outcomes: Cons revenue plunges 59% YoY to Rs 1,798 crore on distinctive lack of Rs 2,067 crore

Vedanta Q2 Outcomes: Cons revenue plunges 59% YoY to Rs 1,798 crore on distinctive lack of Rs 2,067 crore

by Index Investing News
October 31, 2025
0

Metallic main Vedanta on Friday reported a 59% decline in its consolidated Q2 internet revenue at Rs 1,798 crore, in...

Air air pollution deaths might price Southeast Asia 0B by 2050: Research

Air air pollution deaths might price Southeast Asia $600B by 2050: Research

by Index Investing News
October 27, 2025
0

Southeast Asian deaths linked to air air pollution might rise by as much as 10% by 2050, costing the area...

The Evolution of Resale and Recommerce in Retail

The Evolution of Resale and Recommerce in Retail

by Index Investing News
October 23, 2025
0

Resale has at all times been a part of retail, however the way it’s managed has modified dramatically over the...

MEGI: Gather Excessive Yield Earnings From World Utilities And Infrastructure (NYSE:MEGI)

MEGI: Gather Excessive Yield Earnings From World Utilities And Infrastructure (NYSE:MEGI)

by Index Investing News
October 19, 2025
0

This text was written byObserveNow retired, I'm an income-oriented investor searching for excessive yield earnings to assist my life-style in...

European hostility may jeopardize Metro

European hostility may jeopardize Metro

by Index Investing News
October 15, 2025
0

The international infrastructure firms usually are not anticipated to hurry again to Israel with the tip of the battle,...

Next Post
Belarusians vote in tightly controlled election amid opposition calls for its boycott

Belarusians vote in tightly controlled election amid opposition calls for its boycott

Telenor Stock: Don’t Be Fooled By Its High-Dividend Yield

Telenor Stock: Don’t Be Fooled By Its High-Dividend Yield

RECOMMENDED

DP World Tour players given pay guarantee in response to LIV Golf threat | Golf News

DP World Tour players given pay guarantee in response to LIV Golf threat | Golf News

November 3, 2022
Biden’s re-election year mess can be described in 4 words: It’s the border, stupid

Biden’s re-election year mess can be described in 4 words: It’s the border, stupid

January 28, 2024
Dallas Cowboys are most searched NFL team

Dallas Cowboys are most searched NFL team

February 15, 2023
Tennessee skydiver dies in high school football pregame jump

Tennessee skydiver dies in high school football pregame jump

October 24, 2022
Just Listed | 1604 Vision Drive

Just Listed | 1604 Vision Drive

November 23, 2023
BitDAO Crypto Price Prediction – Is BIT Crypto Worth Buying?

BitDAO Crypto Price Prediction – Is BIT Crypto Worth Buying?

January 2, 2023
Intel falls, American Express climbs By Investing.com

Intel falls, American Express climbs By Investing.com

January 26, 2024
The Identify That You Ought to Get Used To: pax.world | by The Capital | The Capital | Jun, 2022

The Identify That You Ought to Get Used To: pax.world | by The Capital | The Capital | Jun, 2022

June 1, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In