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• UGI USER
• consumer spending cost of living Economic Slowdown income stagnation Indian Economy inflation rising prices urban consumers urban economy
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Urban Consumers Face Income Stagnation and Rising Prices

Why in the News ? Urban consumers are concerned about stagnant incomes amid rising commodity prices, leading to increased spending. Despite improved job prospects, pessimism persists about the overall economic situation, with many struggling to meet their financial needs. Income Stagnation Amid Rising Job Optimism: A significant share of urban consumers remains optimistic about job …