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How fast is household consumption growing?

7.1%

Q1 2026-27▼ 0.4 vs Q4 2025-26

MoSPI · released 31 Aug 2026 · next due by 30 Nov 2026

How fast is household consumption growing?
Period	Value (%)
Q1 2026-27	7.1
Q4 2025-26	7.5
Q3 2025-26	8.0
Q2 2025-26	6.4
Q1 2025-26	6.8
Q4 2024-25	6.4
Q3 2024-25	6.9
Q2 2024-25	6.4
Q1 2024-25	6.0
Q4 2023-24	6.7
Q3 2023-24	5.5
Q2 2023-24	5.8
Q1 2023-24	7.0

Use in your answer

Real private final consumption expenditure in India grew 7.1% in Q1 2026-27, compared with 7.5% in Q4 2025-26. Source: MoSPI, Quarterly Estimates of GDP (base 2022-23).

Cite as: Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

What this shows

Real private consumption grew 7.1% in Q1 (April–June) 2026-27, against 6.8% a year earlier and slower than GDP (7.8%).
PFCE is the largest part of demand: 55.6% of GDP at current prices in Q1 2026-27 (press note, Statement 4).
Double deflation, which makes manufacturing growth swing, does not enter PFCE; it is a final-demand measure with no intermediate inputs (MoSPI, 2 September 2026).

Cite this

Quarterly Estimates of GDP (National Accounts Statistics) (NSO, MoSPI), Q1 2026-27

Cite a fixed version from every published version below.

Source and method

Source: MoSPI, Quarterly Estimates of GDP (base 2022-23)
Table: Private Final Consumption Expenditure at constant prices: press note Q1 2026-27, Statement 2; NAS 2026 Statement 8.18.1 (growth rates as published)
Released: 31 Aug 2026
Retrieved: 18 Oct 2026
Next due: by 30 Nov 2026
Processing: Year-on-year change in MoSPI's published quarterly PFCE at constant 2022-23 prices (₹ crore), to one decimal; it reproduces every growth rate MoSPI publishes.
Licence: GODL-India

What exactly is measured

Year-on-year growth in private final consumption expenditure (what households and non-profits spend on goods and services), by quarter of the financial year, at constant 2022-23 prices. Computed from MoSPI's published quarterly levels; the result reproduces every growth rate MoSPI publishes. The latest quarter is a first estimate.

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Exam facts

Published by: National Statistics Office (NSO), Ministry of Statistics and Programme Implementation
Survey / report: Quarterly Estimates of GDP (National Accounts Statistics)
Base year: 2022-23
Frequency: Quarterly, about two months after the quarter ends (Q1 = April–June)
Measures: Year-on-year growth of real private final consumption expenditure (households and non-profit institutions serving households), at constant 2022-23 prices
Syllabus: GS-III · Economy

The new national accounts series with base year 2022-23 was released on 27 February 2026, replacing the 2011-12 base; growth rates from the two series are not comparable.
Quarterly estimates use the benchmark-indicator method: the previous year's estimates are extrapolated with indicators of each sector's performance (MoSPI press note, Q1 2026-27).
On 31 August 2026 MoSPI updated every quarter from Q1 2022-23 to Q4 2025-26 with the new Output Producer Price Index and the IIP on base 2022-23.
PFCE is the largest expenditure component of GDP.

History: every published version

Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.

No figure in this series has been revised since we began recording on 18 Oct 2026.

18 Oct 2026, 21:03 IST13 periods, latest Q1 2026-27: 7.1% · first snapshotArchived source12024ad54c2a

Release notes (1)

Aug 20267.1%Q1 2026-27, first estimate

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Excel (Data → From Web): https://india.tf/c/eco-pfce-032/data.csv

Python: pandas.read_csv("https://india.tf/c/eco-pfce-032/data.csv")

R: read.csv("https://india.tf/c/eco-pfce-032/data.csv")

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