Household Expenditure survey 2022-23 released - Finance Ppl

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 Household Consumption Expenditure Survey 2022-23

NSSO (National sample Survey office), Ministry of Statistics and Program Implementation released its report on results of Household Consumption Expenditure Survey (HCES) conducted during period August 2022 to July 2023.

The HCE Survey which is conducted every 5 years, is meant to collect information on consumption of goods and services by households across India and also utilized for calculating various economic indicators like GDP, poverty rates and Consumer Price Index(CPI).

Key findings of this survey results are:

I.            Average estimated Monthly per capita consumption expenditure(MPCE)

(a)    Increase/Decrease in average MPCE:

Households

    2022-23 (In ₹)

2011-12(In ₹)

Increase/(Decrease)

Rural

2,008

1,430

40.42%

Urban

3,510

2,630

33.50%

Urban-rural gap: Difference in average MPCE between rural and urban households which was 83.9% in 2011-12 has reduced to 71.2 % in 2022-23.

(b)    Bottom and Top 5%:

Numbers with respect to Bottom 5% & Top 5% of population in terms of average MPCE, are as follows:

Households

Bottom 5% (In ₹)

Top 5%  (In ₹)

Rural

1,373

10,501

Urban

2,001

20,824

(c)     State wise numbers:

With respect to Geography wise data,  sikkim has the  highest average MPCEs in both rural and urban areas, whereas Chattisgarh has the lowest average MPCEs in both rural and urban HHs.

Households

Chattisgarh (In ₹)

Sikkim (In ₹)

Rural

2,466

7,731

Urban

4,483

12,105

The gap in avg MPCE between the urban and rural, is highest in Meghalaya (83%).

II.            Spending on food:

Out of total household expenses in an Indian household, the share of expenditure on food has declined from 52.9% in 2011-12 to 46.4% in 2022-23 for rural households.

In Urban households as well, share of expenditure on food has declined from 42.6% in 2011-12 to 39.2% in 2022-23.

Within food items, the expenditure on cereals has decreased in both rural and urban areas, while the expenditure on high-value items such as eggs, meat, fish, fruits and vegetables have increased.

III.            Non-food expenditures:

While the share of expenditure on food has declined, the share of non-food items have increased across both rural and urban households.

 Of which, the share of spending on Transport and communication was the highest in both urban & rural areas across all major states.  In Rural households, it had risen from 6.4% in 2011-12 to 14.65% in 2022-23 and in urban households, there was increase from 15.25% in 2011-12 to 23.36% in 2022-23.


Note: The MPCE numbers mentioned above donot include the estimated values of benefit obtained for free through social welfare programs like the PM Garib Kalyan Ann Yojana (PMGKAY) or state-run schemes.