Over 76 pc rural households in India report higher consumption: NABARD

More than 76.6 per cent of rural households have reported a surge in consumption, indicative of a high rural economic momentum, according to a survey by National Bank for Agriculture and Rural Development (NABARD).

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The July 2025 survey showed that concerns of inflation in rural areas have eased as more than 78.4 per cent of households believe current inflation to be at or below 5 per cent. This also reflects an improvement in price stability.

The Consumer Price Index (CPI) data on rural inflation also showed a fall—from 3.25 per cent in March to 2.92 per cent in April. It further declined to 2.59 per cent in May and 1.72 per cent in June.