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Prices in India 2022 higher than 2021: 73% opinion

The News GlorybyThe News Glory
04/01/2023

New Delhi: 73% people opined that the prices were higher in 2022 than in 2021.

Axis My India has conducted a poll and released the results of five types of expenditure like spending on common household items, spending on essential and non-essential items, spending on health, spending on newspapers, spending on entertainment and tourism last year.

Accordingly, 73 percent of people said that the cost of common household items had increased last year compared to the previous year. 39% of households reported that spending on health, including medical check-ups and health food, increased last year compared to the previous year. 50% of people said that inflation is the reason for the rise in prices.

Investment: When asked how they plan to invest this year, 40% people said that they will invest in mutual fund, insurance, gold, and stock market. 16% people said that they will invest in buying land and house. 34% people said that they will invest in their children’s education.

52% people said that mobile and internet usage has increased. 35% of people mentioned that Facebook is their most used social media. 25% people reported that they have increased their YouTube viewing.

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