As soaring inflation in India led to increased prices of essential items, urban consumers over the last six months reduced their spending on apparel, fuel and eating out, a new survey showed.
A majority of urban Indians said their cost of living went up to some extent compared to a year ago, stated the survey conducted by YouGov, a global market research company.
According to the survey, "With inflation at its highest level in the past eight years, petrol prices spiralling and wholesale price inflation at a 30-year high, cost of living in India has gone up in the recent