Economy Consumer spending falls for first time in over four decades, says report Updated : November 15, 2019 10:10 AM IST The average amount of money spent by a person in a month—declined by 3.7 percent to Rs 1,446 in 2017-18, compared to Rs 1,501 during 2011-12. The NSO report showed that food consumption has also declined in India, which is a worrying trend and raise concerns of malnutrition in the nation. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.