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Higher income households to drive revival in consumer spending, says CMIE


08 April 2021 06:46

Data shows consumer sentiments in March 2021 were down by 46.8% compared to the average in 2019-20,. However, the consumer sentiments of households with annual incomes of less than Rs 400,000 was about 43% than the index in 2019-20 while the consumer sentiments of households with incomes between Rs 400,000 and Rs1,000,000 was about 55% lower than in 2019-20..
Higher income households to drive revival in consumer spending, says CMIE. This article is published at 08 April 2021 06:46 from Economic Times Business News, click on the read full article link below to see further details.


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Tags : Higher, income, households, drive, revival, consumer, spending, says, CMIE





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