Household Consumption Expenditure Survey (HCES) 2022-23

Santhosh Kumar 26/02/2024
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Household Consumption Expenditure Survey (HCES) 2022-23 mind map Ministry of Statistics and Programme Implementation (MoSPI) Release Highlights of HCES 2022-23 Conducted by National Statistical Office Historical Context Gap in Survey Release Last released for 2011-12 No release for 2017-18 Post demonetisation Post GST implementation Key Parameters Tracked Detailed household spending Across rural and urban areas Categories Food, education, health Transportation, others Highlights Consumption Spending Rise Rural vs Urban Rural increase 164% from 2011-12 to 2022-23 Rs 1,430 to Rs 3,773 per person/month Urban increase 146% from 2011-12 to 2022-23 Rs 2,630 to Rs 6,459 per person/month Rural-Urban Consumption Parity Improving parity Bridging consumption divide Change in Purchase Priority Boost in Rural Non-Food Spending Share of non-food products Increased 47% to 54% Decrease in food items share Decreased 53% to 46% Rise in spending on Conveyance, consumer services Durable goods Top and Bottom Average MPCE Bottom 5% rural population Rs 1,373 Bottom 5% urban population Rs 2,001 Top 5% rural population Rs 10,501 Top 5% urban population Rs 20,824 Lower Poverty Projections By NITI Aayog CEO B.V.R. Subrahmanyam Historically lowest levels 4-5% poor population Economic poverty marker Monthly income under ₹5000 Upcoming Detailed Report To review critical economic indicators GDP, poverty levels Consumer Price Inflation (CPI)

The Ministry of Statistics and Programme Implementation (MoSPI) recently released the highlights of the latest nationwide Household Consumption Expenditure Survey (HCES) conducted during 2022-23 by the National Statistical Office. This survey comes after a significant gap since the last release for 2011-12, with the 2017-18 round not being released post demonetisation and GST implementation.

The HCES tracks detailed household spending data across various categories such as food, education, health, and transportation, providing insights into consumption behavioral shifts. The report reveals an increase in rural consumption spending, with rural average monthly consumption per person rising by 164% from 2011-12 to 2022-23, compared to a 146% increase in urban areas. This data marks an improving parity between rural and urban consumption.

A significant change in purchase priorities has been observed, with a boost in rural non-food spending. The share of non-food products in the monthly rural consumption budget expanded from 47% to 54%, while food items share dropped from 53% to 46%. The survey also reports on the economic disparities within rural and urban populations, noting the differences in average Monthly Per Capita Consumption Expenditure (MPCE) among the top and bottom percentages of these populations.

NITI Aayog’s CEO, B.V.R. Subrahmanyam, highlighted the survey’s indication of historically low poverty levels, with less than 5% of the population falling below the economic poverty marker of a monthly income under ₹5000.

MoSPI has announced that a detailed report will be released soon, which is expected to play a pivotal role in reviewing critical economic indicators such as the Gross Domestic Product (GDP), poverty levels, and the Consumer Price Inflation (CPI).

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Categories: Consumers, Indices/Reports
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