In March 2020, a majority of households surveyed in India reported no change in non-essential spending. About 28 percent reported an increase in this kind of spending. Furthermore, this value had been decreasing since November 2017, while it came as no surprise that households reported further decreased spending on non-essentials in the same period.
Consumer perception on non-essential spending across Indian households from November 2016 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 non-essential spending across Indian households from November 2016 to March 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/
Reserve Bank of India. "Consumer perception on non-essential spending across Indian households from November 2016 to March 2020." Chart. April 3, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/
Reserve Bank of India. (2020). Consumer perception on non-essential spending across Indian households from November 2016 to March 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/
Reserve Bank of India. "Consumer Perception on Non-essential Spending across Indian Households from November 2016 to March 2020." Statista, Statista Inc., 3 Apr 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/
Reserve Bank of India, Consumer perception on non-essential spending across Indian households from November 2016 to March 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/ (last visited November 10, 2024)
Consumer perception on non-essential spending across Indian households from November 2016 to March 2020 [Graph], Reserve Bank of India, April 3, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/716275/household-consumer-perception-non-essential-spending-india/
