Consumer Spending in India decreased to 24567.77 INR Billion in the second quarter of 2024 from 24971.79 INR Billion in the first quarter of 2024. Consumer Spending in India averaged 14025.53 INR Billion from 2004 until 2024, reaching an all time high of 25729.57 INR Billion in the fourth quarter of 2023 and a record low of 4469.88 INR Billion in the third quarter of 2004. source: Ministry of Statistics and Programme Implementation (MOSPI)
Consumer Spending in India is expected to be 27531.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Consumer Spending is projected to trend around 29155.00 INR Billion in 2025 and 30642.00 INR Billion in 2026, according to our econometric models.