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.
According to a survey conducted by Impact of inflation on basic household expenditure India as of March 2023, by age
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Rakuten Insight. (April 12, 2023). Impact of inflation on basic household expenditure India as of March 2023, by age [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/
Rakuten Insight. "Impact of inflation on basic household expenditure India as of March 2023, by age." Chart. April 12, 2023. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/
Rakuten Insight. (2023). Impact of inflation on basic household expenditure India as of March 2023, by age. Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/
Rakuten Insight. "Impact of Inflation on Basic Household Expenditure India as of March 2023, by Age." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/
Rakuten Insight, Impact of inflation on basic household expenditure India as of March 2023, by age Statista, https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/ (last visited May 23, 2024)
Impact of inflation on basic household expenditure India as of March 2023, by age [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1378513/india-inflation-effect-on-household-expenditure-by-age/