Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <p>Livemint</p><p>While India staged a double-digit rebound in household consumption in FY22 which is set to expand at over 7% this fiscal, experts point out that India&rsquo;s consumption story has a weakness &mdash; rural folk tightening their belt in the face of inflation.&nbsp;</p><p>The silver lining is that the worst may be over, unless El Nino conditions disrupt the arrival of the rains and dampen a consumption revival, experts said.</p><p>Gross domestic product (GDP) estimates show that private final consumption expenditure, the biggest growth driver, rebounded by 11.2% in FY22 on an inflation adjusted basis from an over 5% contraction in the year before and is set to further grow by over 7% this fiscal as per the second advance estimate.</p><p>But factory output data, though narrower in its coverage, shows where the weakness lies.</p><p>Factory output of consumer non-durables has seen a contraction of 1.3% in the first three quarters of this fiscal, while that of consumer durables, largely items consumed by the higher income group, has seen a growth of 3.4% in the same time, implying weakness in the purchasing power of rural India.</p><p>Inflation that came in the way of a sustained pick-up of consumer non-durables, leading to consumption demand getting skewed in favour of goods and services consumed largely by the well-off, according to analysts. If inflation doesn&rsquo;t come down, then there is a bigger risk to consumption revival, according to them. Retail inflation measured by consumer price index was at 6.52% in January, a three-month high.</p><p>Please <a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" title="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html">click here</a> to read more<br />&nbsp;</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" class="re" target="_blank">Gireesh Chandra Prasad , Mint, 3 March, 2023, https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html</a><div class="clear"></div>
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                            <p>Livemint</p><p>While India staged a double-digit rebound in household consumption in FY22 which is set to expand at over 7% this fiscal, experts point out that India&rsquo;s consumption story has a weakness &mdash; rural folk tightening their belt in the face of inflation.&nbsp;</p><p>The silver lining is that the worst may be over, unless El Nino conditions disrupt the arrival of the rains and dampen a consumption revival, experts said.</p><p>Gross domestic product (GDP) estimates show that private final consumption expenditure, the biggest growth driver, rebounded by 11.2% in FY22 on an inflation adjusted basis from an over 5% contraction in the year before and is set to further grow by over 7% this fiscal as per the second advance estimate.</p><p>But factory output data, though narrower in its coverage, shows where the weakness lies.</p><p>Factory output of consumer non-durables has seen a contraction of 1.3% in the first three quarters of this fiscal, while that of consumer durables, largely items consumed by the higher income group, has seen a growth of 3.4% in the same time, implying weakness in the purchasing power of rural India.</p><p>Inflation that came in the way of a sustained pick-up of consumer non-durables, leading to consumption demand getting skewed in favour of goods and services consumed largely by the well-off, according to analysts. If inflation doesn&rsquo;t come down, then there is a bigger risk to consumption revival, according to them. Retail inflation measured by consumer price index was at 6.52% in January, a three-month high.</p><p>Please <a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" title="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html">click here</a> to read more<br />&nbsp;</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" class="re" target="_blank">Gireesh Chandra Prasad , Mint, 3 March, 2023, https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">Rural Consumption Stays Sluggish; Weather poses risk to recovery - Gireesh Chandra Prasad </h1>
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                            <p>Livemint</p><p>While India staged a double-digit rebound in household consumption in FY22 which is set to expand at over 7% this fiscal, experts point out that India&rsquo;s consumption story has a weakness &mdash; rural folk tightening their belt in the face of inflation.&nbsp;</p><p>The silver lining is that the worst may be over, unless El Nino conditions disrupt the arrival of the rains and dampen a consumption revival, experts said.</p><p>Gross domestic product (GDP) estimates show that private final consumption expenditure, the biggest growth driver, rebounded by 11.2% in FY22 on an inflation adjusted basis from an over 5% contraction in the year before and is set to further grow by over 7% this fiscal as per the second advance estimate.</p><p>But factory output data, though narrower in its coverage, shows where the weakness lies.</p><p>Factory output of consumer non-durables has seen a contraction of 1.3% in the first three quarters of this fiscal, while that of consumer durables, largely items consumed by the higher income group, has seen a growth of 3.4% in the same time, implying weakness in the purchasing power of rural India.</p><p>Inflation that came in the way of a sustained pick-up of consumer non-durables, leading to consumption demand getting skewed in favour of goods and services consumed largely by the well-off, according to analysts. If inflation doesn&rsquo;t come down, then there is a bigger risk to consumption revival, according to them. Retail inflation measured by consumer price index was at 6.52% in January, a three-month high.</p><p>Please <a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" title="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html">click here</a> to read more<br />&nbsp;</p>                                                           
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    <br><a href="https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html" class="re" target="_blank">Gireesh Chandra Prasad , Mint, 3 March, 2023, https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html</a><div class="clear"></div>
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Rural Consumption Stays Sluggish; Weather poses risk to recovery - Gireesh Chandra Prasad

Published on Mar 3, 2023   Modified on Mar 3, 2023

Livemint While India staged a double-digit rebound in household consumption in FY22 which is set to expand at over 7% this fiscal, experts point out that India’s consumption story has a weakness — rural folk tightening their belt in the face of inflation.  The silver lining is that the worst may be over, unless El Nino conditions disrupt the arrival of the rains and dampen a consumption revival, experts said. Gross domestic product (GDP) estimates show that private final consumption expenditure, the biggest growth driver, rebounded by 11.2% in FY22 on an inflation adjusted basis from an over 5% contraction in the year before and is set to further grow by over 7% this fiscal as per the second advance estimate. But factory output data, though narrower in its coverage, shows where the weakness lies. Factory output of consumer non-durables has seen a contraction of 1.3% in the first three quarters of this fiscal, while that of consumer durables, largely items consumed by the higher income group, has seen a growth of 3.4% in the same time, implying weakness in the purchasing power of rural India. Inflation that came in the way of a sustained pick-up of consumer non-durables, leading to consumption demand getting skewed in favour of goods and services consumed largely by the well-off, according to analysts. If inflation doesn’t come down, then there is a bigger risk to consumption revival, according to them. Retail inflation measured by consumer price index was at 6.52% in January, a three-month high. Please click here to read more

Gireesh Chandra Prasad , Mint, 3 March, 2023, https://www.livemint.com/news/india/rural-consumption-stays-sluggish-weather-poses-risk-to-recovery-11677786128945.html

Tagged with: India Indian Economy Rural Demand Consumption Inflation Rural Wages Weather El Nino

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