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The latest Household Consumption Expenditure Survey (HCES) for 2022-23 offers insights into the changing consumption patterns of Indian households and the uneven distribution of economic well-being. Find out what the survey reveals about inequality in India. ....
Conducted once in every five years, HCES findings are key to several economic indicators, including the Gross Domestic Product (GDP), poverty levels, and the Consumer Price Index (CPI). The government, after nearly 11 years, has released the latest numbers for the survey conducted after August 2022 and July 2023. ....
The government s Household Consumption Expenditure Survey (HCES) collected data on items like Playstations, AirPods, and power banks. It also included information on the quantity, value, acquisition, repair, and maintenance of these items. The survey provided insights into changing entertainment patterns and tracked monthly expenditures on sanitisers. ....
The Household Consumption Expenditure Survey (HCES) 2022-23 in India reveals that the gap between urban and rural household consumption has significantly narrowed. The survey will impact the calculation of inflation, poverty, and consumer price index series. ....
India s Household Consumption Expenditure Survey (HCES) will now include questions on people s subscription spending on OTT platforms, online shopping habits and ownership of electric vehicles and mobile accessories such as smartwatches, said unnamed insiders. The updated survey also seeks to include the latest consumer trends in order to reflect changes in the Indian economy. ....