New data points to a sharper divide in consumption trends in rural, urban India
The Economic Times has reported a new India-focused policy development: “New data points to a sharper divide in consumption trends in rural, urban India.” The publisher's feed describes the story as follows: Indian households in urban areas are showing a decline in quarterly expenditure while rural spending is increasing. A study indicates urban households’ spending decreased by 4% year-on-year, contrasting with rural households’ 15% growth. Increasing costs are making consumers prioritize esse
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