Consumer confidence drops in April-June amid job security concerns: Nielsen

Consumers' cautionary spending towards 2016-end still had some impact on quarter under consideration

Consumer confidence in India declined in the second quarter of this year amid concerns regarding job security and lower optimism on employment prospects, says market insight firm Nielsen.

Besides, cautionary spending by consumers towards the end of 2016 still had some impact on the quarter under consideration, it said.

The Consumer Confidence Index score for India decreased by six points to 128 in the April-June quarter of 2017, from a high of 136 from the last polled survey in Q4 of 2016, the company said in a statement.

For the quarter, the survey was conducted between May 20 and June 10, 2017. Findings