According to the results of a survey in March 2020, a majority of households reported an increase in spending. This was lesser than the share in the three rounds before that month. On the other hand, about 24 percent said household spending remained the same.
These responses were recorded before tangible impacts from the coronavirus (COIVID-19) on the economy.
Consumer perception on spending across Indian households from December 2015 to March 2020
Note: The number of respondents and survey time period varies each survey round; details represented here is the March 2020 Consumer Confidence Survey.
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Reserve Bank of India. (April 3, 2020). Consumer perception on spending across Indian households from December 2015 to March 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/
Reserve Bank of India. "Consumer perception on spending across Indian households from December 2015 to March 2020." Chart. April 3, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/
Reserve Bank of India. (2020). Consumer perception on spending across Indian households from December 2015 to March 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/
Reserve Bank of India. "Consumer Perception on Spending across Indian Households from December 2015 to March 2020." Statista, Statista Inc., 3 Apr 2020, https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/
Reserve Bank of India, Consumer perception on spending across Indian households from December 2015 to March 2020 Statista, https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/ (last visited November 21, 2024)
Consumer perception on spending across Indian households from December 2015 to March 2020 [Graph], Reserve Bank of India, April 3, 2020. [Online]. Available: https://www.statista.com/statistics/716249/household-consumer-perception-spending-india/
