New Delhi [India], January 4 (ANI): Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI). A deeper analysis of the report also revealed several key trends. Consumption of cereals and pulses has significantly declined, dropping by over 5 per cent in both rural and urban areas.
Also Read | Emma Mackey Birthday: Times When Fashion Critics Gave a Thumbs Up to Her Appearances (View Pics). The report said, "A significant drop (more than 5 per cent) in 'Cereal & Pulses' consumption both in rural and urban areas." The report also noted that this change of consumption shift (from food to non-food items) observed in both rural and urban areas reflects evolving preferences driven by economic growth, government policies, and lifestyle changes.
Also Read | Republic Day 2025 Holiday Cancelled in Maharashtra: All Schools To Remain Open on January 26 as State Government Asks Students To Join Day-Long Celebrations. It said, "Consumption Behavior has Shifted from Food to Non-Food Items..
. It is interesting to see the change in consumer preference both in rural and urban areas during the last 12 years." The report highlights a substantial drop in the share of expenditure on food items.
In rural areas, the percentage of spending on food decreased from 52.9 per cent in 2011-12 to 47.04 per cent in 2023-24, marking a decline of 5.
86 percentage points. Urban .
