Vegetables and spices saw a steep increase in spending across both rural and urban areas during August 2023 to July 2024, compared to the previous year, driven largely by inflation. Overall, food expenditure grew at a faster rate than non-food items, according to the Household Consumption Expenditure Survey (HCES) 2023-24. ET takes a closer look at the data.
Higher growth in food expenditure driven by inflation
Vegetable spending & urban-rural spending gap
Change in average MPCE
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