What, me worry?

Image
Strategist Team New Delhi
Last Updated : Jun 14 2013 | 4:29 PM IST
Shops running out of stuff before we can buy them. Now that sounds like something worth worrying about. Indians are so busy shopping and saving, they don't seem to have the time for fear.
 
According to the ACNielsen Asia Pacific Consumer Confidence Survey, 17 per cent Indians have no worries at all. Nobody is fretting about war. And even spiralling crime rates don't bother more than 12 per cent.
 
Sure, the big concerns remain: the economy (39 per cent), health (33 per cent) and job security (31 per cent) still top the list. But people don't seem to be staying up nights agonising about the Budget or their blood pressure.
 
Remember, this is the same group where 92 per cent are looking forward to improved employment prospects and 87 per cent are bullish about their personal finances in the coming year.
 
The rest of Asia Pacific seems to share their optimism. More than half the region's respondents have lines on their foreheads because of the economy "" globally, that figure stands at 45 per cent "" but seem relatively untouched by the thought of civil unrest.
 
Political stability, terrorism, crime and other concerns all worry less than 20 per cent of Apac respondents (terrorism is still a cause for concern with 27 per cent Indians).
 
South east Asia in particular is very concerned about the economy; 74 per cent Thais and Indonesians cite it as a major concern and the average for the region is a high 57 per cent. In comparison, Australia and India appear almost blase: just 36 and 39 per cent worry about the economy in these countries.
 
The pessimism of South Koreans is most apprarent in their worries about the job market: half the respondents cited job security as a major concern for the next six months.
 
That fits in with another statistic the survey threw up: 87 per cent South Koreans are pessimistic about employment prospects in the coming 12 months.

 

*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

First Published: Feb 21 2006 | 12:00 AM IST

Next Story