Consumer Spending in India increased to 20274.01 INR Billion in the third quarter of 2019 from 19744.38 INR Billion in the second quarter of 2019. Consumer Spending in India averaged 11541.53 INR Billion from 2004 until 2019, reaching an all time high of 21111.41 INR Billion in the first quarter of 2019 and a record low of 4469.88 INR Billion in the third quarter of 2004. source: Ministry of Statistics and Programme Implementation (MOSPI)
Consumer Spending in India is expected to be 21650.00 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in India to stand at 21490.00 in 12 months time. In the long-term, the India Consumer Spending is projected to trend around 23919.00 INR Billion in 2020, according to our econometric models.