Govt plans India's first nationwide retail consumption survey via MoSPI
MoSPI is preparing India's first countrywide retail consumption survey, tracking point-of-sale value and volume across all retail categories. June benchmarks include Rs 79,705 crore in grocery/supermarket sales and Rs 12,428.8 crore in pharmacy sales. No timeline set yet, but the data could give retailers granular consumer-spending visibility.
Government plans India's first nationwide retail consumption survey via MoSPI, tracking point-of-sale value and volume across all retail categories, offering granular consumer-spending data relevant to retailers. No timeline decided yet.
Why this matters
The survey extends MoSPI's data push after plans for a monthly Index of Service Production using GSTN data covering retail and food services, and follows CPI rising to 3.93% as food and personal care costs squeeze wallets.
Retail-company signals are accelerating, up +719400% QoQ.