{"id":6681,"date":"2024-10-03T08:26:14","date_gmt":"2024-10-03T08:26:14","guid":{"rendered":"https:\/\/mpelembe.net\/?p=6681"},"modified":"2024-10-03T08:26:14","modified_gmt":"2024-10-03T08:26:14","slug":"india-to-grow-consumer-spending-three-times-more-than-the-u-s-over-the-next-decade-ebanx-shows","status":"publish","type":"post","link":"https:\/\/mpelembe.net\/index.php\/india-to-grow-consumer-spending-three-times-more-than-the-u-s-over-the-next-decade-ebanx-shows\/","title":{"rendered":"India to grow consumer spending three times more than the U.S. over the next decade, EBANX shows"},"content":{"rendered":"<p> India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for emerging markets. It represents a growth of 12% per year, three times higher than the projection for the United States, at 4%, and more than two times higher than the global average of 5%. This boost will place India as the third-largest market in the world in consumer spending, behind only the United States and China. <a href=\"https:\/\/mpelembe.net\/index.php\/asia\/?rkey=20241002NY21313&#038;filter=19522\">Continue reading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion,<a class=\"moretag\" href=\"https:\/\/mpelembe.net\/index.php\/india-to-grow-consumer-spending-three-times-more-than-the-u-s-over-the-next-decade-ebanx-shows\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":6682,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowu7GVCw:productID":"","_crdt_document":"","activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":3,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"federate","footnotes":""},"categories":[10],"tags":[771,13227,12419,776,13228,744],"class_list":["post-6681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-china","tag-consumer-spending","tag-economic-history","tag-india","tag-national-debt-of-the-united-states","tag-united-states"],"featured_image_src":"https:\/\/mpelembe.net\/wp-content\/uploads\/2024\/10\/Rashmi_Satpute_EBANX.jpg","blog_images":{"medium":"https:\/\/mpelembe.net\/wp-content\/uploads\/2024\/10\/Rashmi_Satpute_EBANX-200x300.jpg","large":"https:\/\/mpelembe.net\/wp-content\/uploads\/2024\/10\/Rashmi_Satpute_EBANX.jpg"},"ams_acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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