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Published 15:04 IST, March 6th 2024

Working age population, higher per capita incomes to drive shift in consumption pattern: CRISIL

According to CRISIL, microeconomic theory, as reflected in Engel's law, suggests that as incomes rise, the share of essential items like food in the consumption

Reported by: Business Desk
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Retail market boom | Image: Unsplash
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13:51 IST, March 6th 2024