Why India's middle-class spending is taking a hit
Edited By WION Video Desk
Published: Mar 11, 2025, 05:25 IST | Updated: Mar 11, 2025, 05:25 IST
India’s economic growth has long relied on domestic consumption, with private final consumption expenditure making up over 60% of GDP. However, recent data suggests a slowdown in spending, particularly among middle-class consumers, who are being more cautious with their purchases.
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