How do Indians spend money? Insights from the long-awaited CE Survey

The long-awaited Consumption Expenditure Survey 2022-23 in India reveals significant rural-urban disparities in household expenditures. With a focus on Monthly Per Capita Expenditure (MPCE), the survey highlights a 71% higher spending in urban areas. Dissecting spending into food and non-food items underscores distinct patterns, with changes observed in the share of expenditure on various items. However, caution is advised in interpreting the findings due to alterations in survey methodology. The release of the final report is anticipated to provide more nuanced insights into the socio-economic landscape and quality of life in Indian households.

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