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Showing posts from November, 2019

NSO's Consumer Expenditure Survey

Scrapping of Consumer Expenditure Survey Consumer Expenditure Survey(CES) conducted by NSO, Ministry of Statistics and Programme Implementation(MOSPI) is one of the oldest and reliable surveys conducted at quinquennial intervals for estimating household Monthly Per Capita Consumer Expenditure (MPCE). The CES is not only source of information on consumption spending and inequality, but also used extensively in other statistical processes including revision of base years for GDP estimation and deciding weight of various items in the CPI basket. The Ministry is making headlines again; this time, over National Statistical Office’s (NSO’s) decision of scrapping 75 th round ( July2017- June2018) of consumer expenditure survey over “data quality” issues. A leaked finding from the survey report stated that average amount spent by an Indian in a month fell 3.7% to Rs 1,446 in 2017-18 from Rs. 1,501 in 2011-12; while consumer spending declined 8.8% in 2017-18 in India’s villages. Th...