Just because there has been a slowdown in the earnings, it has led to urban slowdown in consumption and the inflation is higher for urban side of the people where especially housing rent, if we look at the data suggest that, which is forming the highest component of the inflation itself, that seems to be indispensable and hence the consumption is more pronounced in the short term right now.
from Economic Times https://ift.tt/oIztc2M
from Economic Times https://ift.tt/oIztc2M
Travel, tourism and food sectors poised for growth amidst broader consumption slump: Rohit Agarwal
Reviewed by News Today
on
January 27, 2025
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