Blasé Capital ROTI TO OTT

This is how a media report described India’s change to a new basket, and calculations, to measure consumer inflation. “The revision of the basket does not merely refine how inflation is measured but indirectly captures how Indian households are spending differently than they did a decade ago. The most striking signal is the reduced weight assigned to food, and the greater emphasis on services, housing, and modern consumption categories such as OTT. This shift, from roti to OTT, so to speak, reflects an economy in transition from subsistence-heavy spending towards more diversified and discretionary consumption,” it stated.