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The Economic Times

Economy / The Economic Times

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Indian consumers turn defensive as job fears rise, economic confidence falls

Indian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dining and shopping. People are prioritizing savings and financial security. Despite these worries, travel plans remain strong, with many intending to take domestic and international holidays. Consumers are also planning for once-in-a-lifetime experiences.

4 Jun 2026 11:38 am