In nominal terms, total household spending will only be 1.2 per cent higher than what it was in 2019 (Rs 123 lakh crore in 2021, compared to Rs 121.6 lakh crore in 2019), indicating the extent of the impact that the COVID-19 pandemic has had on consumer spending.
from Economy-News-Economic Times https://ift.tt/2Vk8Yvg
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