Indian consumer sentiment weakens as prices rise
MUMBAI, April 22 -- India's consumer demand is showing clear signs of softening, with inflation pressures amid volatile crude oil prices and a weak monsoon outlook beginning to weigh on spending across categories. While the slowdown is not uniform, the underlying direction is increasingly evident in sentiment and early consumption data from the March quarter (Q4FY26).
The weakness is most visible in a widening split across income groups. Lower-income households are cutting back under pressure from essentials inflation, while higher-income consumers are turning more cautious on expectations despite stable current incomes-together pointing to a broad-based but uneven cooling in demand.
Data from the Centre for Monitoring Indian Economy (CMIE)...
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