Overview
- About 80% of rural households reported higher consumption over the past year, with roughly 67% of monthly income now going to spending.
- Income momentum improved as 42.2% saw gains versus 15.7% reporting declines, and 75.9% expect incomes to rise over the next year.
- Household investment strengthened, with 29.3% increasing capital outlays across farming and non-farm activities.
- Perceived inflation fell to 3.77%, with about 84% saying price rises feel below 5% and most expecting it to stay subdued in the near term.
- Access to only formal credit rose to 58.3% of households as transfers supplemented around 10% of income, though financial savings and near-term expectations weakened.