Rural consumption will increase but urban consumption may slowdown further in FY26: Report
- Posted on January 9, 2025
- By Business News Today
- 1 Views
Rural consumption will increase but urban consumption may slowdown further in FY26: Report
India's economy is experiencing subdued demand and slower growth across sectors due to weak household incomes and sluggish consumption loans. Fiscal transfers may offer some relief to lower-income households but challenges remain for both rural and urban consumption. Real GDP growth has slowed, reflecting weaker demand, and corporate performance is aligning with this trend.