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The Economic Times

Economy / The Economic Times

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Indian households shift spending towards discretionary goods, services

Household spending shows a shift towards non-essential goods and services. Alcoholic beverages and tobacco spending saw significant growth, outpacing other categories. Personal care and miscellaneous goods also experienced a notable increase in expenditure. Services sector spending rose, capturing a larger share of total consumption. Essential food item spending increased, with growth in specific product categories.

5 Sep 2026 2:31 pm