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63% Indian consumers to cut back non-essential spending: PwC
74% of Indian respondents say they are concerned about their personal finance situation, shows survey.
74% of Indian respondents say they are concerned about their personal finance situation, shows survey.
80% of survey respondents said they intend to maintain or increase their spend on areas related to health and fitness in the next year.
India’s economy grew 8.7% in FY22 against the NSO's earlier estimate of 8.9%. The Q4 FY22 GDP grew 4.1%, while the GVA growth for FY22 was 8.1%.
Slow consumer sentiments recovery could be detrimental for the already shaken Indian economy as depressed consumer sentiments will impact consumer spending.