Slowdown dampens consumer confidence; may impact festive buying: Survey

Majority of the consumers are planning to spend less than a reasonable amount by October: Survey

The ongoing slowdown may dampen festive season sparkles as majority of the consumers are planning to spend less than a reasonable amount by October. A survey conducted by LocalCircles, across 168 cities covering over 22,000 consumers, further reflects that consumers’ confidence is low, when it comes to their own assessment about household financial situation in the next few months.