{"id":2998,"date":"2015-09-30T21:00:30","date_gmt":"2015-09-30T15:30:30","guid":{"rendered":"https:\/\/ravi.rajiniravi.com\/blog\/?p=2998"},"modified":"2018-11-24T20:45:32","modified_gmt":"2018-11-24T15:15:32","slug":"infographic-india-expenditure-trend-urban","status":"publish","type":"post","link":"https:\/\/ravi.rajiniravi.com\/blog\/2015\/09\/infographic-india-expenditure-trend-urban\/","title":{"rendered":"Infographic \u2013 India expenditure trend, urban"},"content":{"rendered":"<p>This post was written for the Escape Velocity blog and first appeared there.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-3000\" src=\"https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-573x620.png\" alt=\"\" width=\"573\" height=\"620\" srcset=\"https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-573x620.png 573w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-406x440.png 406w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-768x832.png 768w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-200x217.png 200w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-400x433.png 400w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-600x650.png 600w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban-800x866.png 800w, https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2018\/07\/India-Expenditure-Trend-Urban.png 907w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/a><\/p>\n<ul>\n<li>Urban India has seen an increase of 128% in MPCE(URP) based on current prices\n<ul>\n<li>Real MPCE (measured using a price deflator with 1987-88 as base) has increased 29% between \u201804 to \u201911, a CAGR of 3.7%<\/li>\n<\/ul>\n<\/li>\n<li>Share of food in MPCE declined by about 4pp in urban India between \u201904 -\u201912 , you can clearly see the light green band receding from the right end\n<ul>\n<li>A few more points that are not shown in the graph :\n<ul>\n<li>Within foods, except for Milk, fruits &amp; Beverages, all other products categories tracked have fallen in contribution.\n<ul>\n<li>While Milk and fruits has increased by 1pp, beverages have increased from 15% to 18% within foods<\/li>\n<\/ul>\n<\/li>\n<li>Cereals have registered the largest decline \u2013 from 24% to 19%<\/li>\n<\/ul>\n<\/li>\n<li>Among the rest of expenditure, durable &amp; minor durable type goods has seen the highest jump of 2.4pp followed by rent at 1.4pp and clothing &amp; bedding at 1.3.<\/li>\n<li>Also, notice the steady rise in medical and education expenses<\/li>\n<li>Proportion of spends on entertainment have also risen, albeit off a small base<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>The method of computing MPCE is rather interesting ; next week we\u2019ll share an infographic on that too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post was written for the Escape Velocity blog and first appeared there. Urban India has seen an increase of 128% in MPCE(URP) based on current prices Real MPCE (measured using a price deflator with 1987-88 as base) has increased 29% between \u201804 to \u201911, a CAGR of 3.7% Share of food in MPCE declined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"book_review_cover_url":"","book_review_title":"","book_review_series":"","book_review_author":"","book_review_genre":"","book_review_isbn":"","book_review_publisher":"","book_review_release_date":"","book_review_format":"","book_review_pages":"","book_review_source":"","book_review_rating":"","book_review_summary":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[108,109,72],"tags":[],"class_list":["post-2998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-escape-velocity","category-infographics","category-visualisation"],"jetpack_featured_media_url":"https:\/\/ravi.rajiniravi.com\/blog\/wp-content\/uploads\/2021\/01\/photo-1547139559-c89c59d117611.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/posts\/2998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/comments?post=2998"}],"version-history":[{"count":1,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/posts\/2998\/revisions"}],"predecessor-version":[{"id":3001,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/posts\/2998\/revisions\/3001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/media\/3979"}],"wp:attachment":[{"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/media?parent=2998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/categories?post=2998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ravi.rajiniravi.com\/blog\/wp-json\/wp\/v2\/tags?post=2998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}