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Only 1 in 5 Sees Household Income Rising in '25: Study
Financial Express Kochi
|January 08, 2025
ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.
The survey by LocalCircles, based on the responses of 16,111 persons, also revealed that as much as 48% of households expect their earnings to drop by up to 25% in the new year.
Asked about their household savings in 2025, only 27% said that they expect their savings to increase. On the other hand, 45% of households surveyed expect up to a 25% decline in savings this calendar year.
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