Economy News

Household Consumption Expenditure Survey

February 29 , 2024 956 days 1764 0

The National Sample Survey Office (NSSO) under the Ministry of Statistics and Programme Implementation conducted Household Consumption Expenditure Survey (HCES).
The per capita monthly household expenditure was more than doubled in 2022-23 as compared to 2011-12.
The average MPCE at current prices (without imputation) was more than doubled to ₹6,459 in urban areas in 2022-23 from ₹2,630 in 2011-12.
Similarly in rural areas, it jumped to ₹3,773 from ₹1,430 at current prices.
The average MPCE at 2011-12 prices (without imputation) also increased to ₹3,510 in 2022-23 from ₹2,630 in 2011-12 in urban areas.
Similarly, it rose to ₹2,008 from ₹1,430 in rural areas at 2011-12 prices.