-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...
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Key sales numbers show rural demand may dip further -P Vaidyanathan Iyer
-The Indian Express Warning signs across FMCG, tractors & 2-wheelers, gold, real rural wages THE GOVERNMENT Friday claimed that a significant divergence in levels of consumption and direction of change prompted it to withhold the findings of the survey on household consumption expenditure for July 2017-June 2018. But all major indicators of rural demand suggest the situation has only worsened since the beginning of financial year 2019-20, and the economy is...
More »Centre withholds consumer expenditure survey citing data quality issues
-PTI Government's statement comes after a report has claimed the survey results were put on hold owing to its "adverse" findings. The Statistics and Programme Implementation Ministry (MOSPI) on Friday said it has decided not to release the consumer Expenditure Survey results of 2017-18 due to data quality issues. The MOSPI also mentioned that an expert panel has recommended that 2017-18 would not be an appropriate fiscal to be used as a base...
More »Consumption expenditure survey: Government to scrap report over bad data -Roshan Kishore
-Hindustan Times On Friday, Business Standard released leaked findings from the 2017-18 CES which showed that inflation-adjusted average monthly per capita expenditure (MPCE) declined by 3.7% in the country between 2011-12 and 2017-18, a first in four decades. The ministry of statistics and programme implementation (MOSPI) has decided “not to release the consumer Expenditure Survey (CES) results of 2017-2018” in view of “data quality issues”, it said in a statement. On Friday,...
More »Govt scraps NSO's consumer expenditure survey over 'data quality' -Somesh Jha
-Business Standard The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18 The government has decided to scrap the National Statistical Office’s (NSO’s) consumer expenditure survey conducted in 2017-18 over “data quality”. “In view of the data quality issues, the Ministry (of Statistics and Programme Implementation) has decided not to release the consumer expenditure survey results of 2017-2018....
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