What Consumption Expenditure Survey Leaves Unanswered
Why in News?
The release of the Household Consumption Expenditure Survey (HCES) for 2022-23 marks a significant milestone after a decade-long hiatus.
The factsheet offers valuable insights into present patterns of household consumption, but decisive conclusions should not be made due to changes in methodology, survey design, and item coverage.
Also, it is crucial to understand key takeawa
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