Articles for Household Consumption

Household spends expected to grow faster, says RBI
3 months ago

Household spends expected to grow faster, says RBI

New Indian Express  

NEW DELHI: Household consumption is all set to grow faster in the second quarter amid easing retail inflation, and a revival in rural demand, the RBI said on Friday in its Monthly Bulletin for September. As per the RBI bulletin, the demand for fast-moving consumer goods is also accelerating as companies target older customers with healthy lifestyle products in response …

Hiring Rbi Household Consumption Increased Hiring Activities
Australia's economy grew by 0.1 per cent in March quarter, with country 'teetering' on edge of recession
6 months, 2 weeks ago

Australia's economy grew by 0.1 per cent in March quarter, with country 'teetering' on edge of recession

ABC  

Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the Australian Bureau of Statistics national accounts. "For the fifth consecutive quarter, economic activity declined on a per capita basis and the 1.3 per cent decline over the past year is the largest Australia has experienced in …

Economy Household Growth Housing Construction Market Australia
Household Consumption Expenditure Survey: A new methodology with some issues
8 months, 2 weeks ago

Household Consumption Expenditure Survey: A new methodology with some issues

The Hindu  

The National Sample Survey Office released the key results of the Household Consumption Expenditure Survey 2022-23 in late February. These primarily include all-India estimates of the average household monthly per capita consumption expenditure for rural and urban areas, its distribution by broad item groups for food and non-food categories, the variation in the average MPCE of households with different standards …

Household Urban Consumption Survey State Average Households
The dynamics of household consumption
9 months, 2 weeks ago

The dynamics of household consumption

The Hindu  

The eagerly awaited fact sheet of the Household Consumption Expenditure Survey 2022-23 was released recently by the National Sample Survey Office of the Ministry of Statistics and Programme Implementation. The two-phase approach not only underscores the perseverance displayed in navigating the challenges in the first phase but also emphasises the commitment to capturing a comprehensive and evolving snapshot of India’s …

India Household Consumption Data Collection Items Household Consumption Hces
Consumption survey report inspired by polls: Congress
9 months, 3 weeks ago

Consumption survey report inspired by polls: Congress

The Hindu  

The Congress on Tuesday described the Household Consumption Expenditure report of the National Sample Survey Office as “election-inspired survey” and questioned the different estimates of poverty given by different agencies in the past one year. Congress chief Mallikarjun Kharge, in a post on X, accused the Modi government of coming out with “an election inspired survey after asleep at the …

India Poverty Data Congress Survey Report Indians
Explained | On China’s economic slowdown
1 year, 3 months ago

Explained | On China’s economic slowdown

The Hindu  

The story so far: China, at the start of this month announced more measures to revive its flagging economy with major banks clearing the path for additional cuts in lending rates and the amount of funds institutions require to hold in foreign exchange reserves, hoping to prevent a further downturn in the ailing property sector. Economic data coming out of …

Real Estate Economy Growth Chinese Beijing Real Gdp
Explained: Why China's economic meltdown is making the world nervous
1 year, 4 months ago

Explained: Why China's economic meltdown is making the world nervous

India Today  

China, the world's second-largest economy, is going through a tough time. For starters, China is a dominant global player across most global sectors, with the International Monetary Fund's latest World Economic Outlook predicting the country to contribute over 22 per cent of the global gross domestic product. Therefore, a decline in China's economic activity can severely throw off the global …

Global Economy China World Economic Chinese Household Consumption
Explainer | How much worse can China's economic slowdown get?
1 year, 4 months ago

Explainer | How much worse can China's economic slowdown get?

The Hindu  

China's economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting slowdown in growth. Given China's debt-fuelled investment in infrastructure and property has peaked, and as exports are slowing in line with the global economy, China only has one other source of demand to tinker with: household consumption. …

Growth China Investment Economists Household Consumption Some Economists
India’s per capita income to jump 70% by 2030, reach $4,000: Report
1 year, 4 months ago

India’s per capita income to jump 70% by 2030, reach $4,000: Report

Live Mint  

The per capita income of India is likely to grow around 70% by 2030 and is expected to reach $4,000 from current levels of $2,450, a research report by Standard Chartered Bank said. Telangana on top among states Telangana currently takes the top spot in the per capita income rankings with ₹2,75,443. However, the StanC report foresees a shift in …

India Karnataka Income Telangana Report Trillion Gdp
评论：提高家庭可支配收入对经济复苏至关重要
2 years, 7 months ago

评论：提高家庭可支配收入对经济复苏至关重要

China Daily  

中国金融四十人论坛的青年研究员认为，当前中国居民消费低迷有疫情因素，但是也有家庭可支配收入不足的原因。通过补贴中低收入群体、精准的消费刺激政策和补偿小微企业等措施可以有效提高家庭可支配收入，从而保证中国经济稳定增长。 People shop at a JD offline supermarket in Beijing in February. After several major shock waves of COVID-19 outbreaks since 2020, China's economy has gradually recovered from the impact brought by the contagion, though recovery in household consumption has been relatively slow. However, recovery in nonessential consumption sectors, such as durable goods and services, is slower than expected, with …

Household Growth China Recovery Services Consumption Covid
评论：提高家庭可支配收入对经济复苏至关重要
2 years, 7 months ago

评论：提高家庭可支配收入对经济复苏至关重要

China Daily  

中国金融四十人论坛的青年研究员认为，当前中国居民消费低迷有疫情因素，但是也有家庭可支配收入不足的原因。通过补贴中低收入群体、精准的消费刺激政策和补偿小微企业等措施可以有效提高家庭可支配收入，从而保证中国经济稳定增长。 People shop at a JD offline supermarket in Beijing in February. After several major shock waves of COVID-19 outbreaks since 2020, China's economy has gradually recovered from the impact brought by the contagion, though recovery in household consumption has been relatively slow. However, recovery in nonessential consumption sectors, such as durable goods and services, is slower than expected, with …

Growth China Recovery Services Covid Level Sectors
Budget 2021: Govt Should Set Stage for Unleashing Economic Growth for Decades to Come
3 years, 10 months ago

Budget 2021: Govt Should Set Stage for Unleashing Economic Growth for Decades to Come

News 18  

The Union Budget of 2021 must look beyond revenue and expenditure estimates for the next year. In the short term, all four engines of economic growth – consumption, investments, government expenditure and exports – need to fire at full throttle. This year’s Budget provides an excellent opportunity to rid India of its credit malaise by selling the government’s equity stake …

India Growth Financial Budget Economic Growth Economic Consumption
Australia 'emerges from recession' after GDP figures show economy growing for the first time this year
4 years ago

Australia 'emerges from recession' after GDP figures show economy growing for the first time this year

ABC  

The Reserve Bank governor is warning recovery from this year's recession is likely to be "uneven and drawn out" as Australia's gross domestic product grows for the first time in 2020. Key points: GDP rose 3.3 per cent this quarter, as COVID-19 restrictions eased across most states and territories Household consumption grew almost 8 per cent after a 12.5 per …

Economy Growth Australia Recovery Spending Covid Cent