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Overall consumption picks up post-GST rationalisation
The New Indian Express Chennai
|December 02, 2025
Officials say cumulative growth of impacted goods rises to 15% in Sept-Oct '25 period compared to 8.6% in the same period a year ago
CONSUMPTION has improved across most product categories where GST rates were reduced as part of the Centre's rate rationalisation exercise, but textiles and two-wheelers have not seen the expected recovery, data shared by the Ministry of Finance on Monday showed.
According to officials, cumulative consumption growth of the impacted goods rose to 15% in September-October 2025, compared with 8.6% in the same period last year. However, year-on-year consumption growth in textiles slowed to 8% from 12% a year earlier, while two-wheeler demand eased to 18% from 23%.
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