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As we enter 2025, a month away from the next Union Budget, India’s economic landscape is marked by the dual structural challenge of slow GDP growth and rising inflation, particularly the unsustainable rise in prices in the housing sector. Has been marked with.
Housing inflation, as measured through the Consumer Price Index (CPI) Housing, has shown a steady upward trend throughout 2024, with the index rising from 177.6 in January to 183 by November.
We analyze the numbers more closely here. This increase underlines the rising cost of living for Indian households, especially in urban areas, where housing and rental patterns form a significant part of household monthly expenditure allocations.
We explore the implications of rising housing inflation on GDP growth and consumer behavior using CPI housing data to provide an analytical perspective.
