Bulk of household spending goes to durables: Study

THE consumption pattern of Indian households has changed dramatically over the past decade with the share of monthly per capita expenditure on food falling below 50% for the first time and a larger portion going to nonfood items such as durable goods, a new study reveals.

- DIPAK MONDAL @ New Delhi

According to the study, which compares data from the Household Consumption Expenditure Surveys of 2011-12 and 2023-24, household spending is shifting from basic necessities to asset-building items such as domestic appliances.