Consumer confidence index saw marginal uptick in Sept, shows survey

Consumer confidence index has shown a marginal uptick of 1.1 percentage points in September 2020, according to a monthly survey

Consumer behaviour is being influenced by anxieties that are preying on their desire to consume and propensity to spend
Press Trust of India New Delhi
1 min read Last Updated : Sep 15 2020 | 8:25 PM IST

Consumer confidence index has shown a marginal uptick of 1.1 percentage points in September 2020, according to a monthly survey.

The Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) for India has shown upturn across all its four sub-indices in September.

The PCSI Employment Confidence sub-index moved up by 1.4 percentage points, while the economic expectations index rose 1.7 percentage points.

The PCSI Current Personal Financial Conditions sub-index rose slightly by 0.4 percentage points, and the investment climate sub-index recovered by 1.4 percentage points.

The findings are based on an Ipsos online poll conducted during August 21 to September 4, 2020.

For this survey, 500 people from IpsosIndia online panel aged 16-64 years were interviewed.

The Refinitiv/Ipsos India Primary Consumer Sentiment Index is a monthly national survey of consumer attitudes on the current and future state of local economies, personal finance situations, savings and confidence to make large investments.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :consumer confidenceIndian Economy

First Published: Sep 15 2020 | 8:22 PM IST

Next Story