Impact of inflation on basic household expenditure India 2023, by age

Published by A. Minhas, Apr 18, 2024
According to a survey conducted by Rakuten Insight in March 2023 in India, about 64 percent of respondents aged 55 years and above stated that rising inflation affected their ability to pay for basic necessities such as food, clothing, and healthcare. In comparison, 63 percent of respondents in the same age group reported that they were unable to save due to inflation.

Impact of inflation on basic household expenditure India as of March 2023, by age

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Release date

April 2023

Region

India

Survey time period

March 9 to 31, 2023

Number of respondents

25,547 respondents

Age group

16 years and above

Method of interview

Online survey

Supplementary notes

Survey question: Which aspect(s) of your basic household expenditure are affected by inflation? choose all that applies.

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