Monthly consumer confidence index from market research firm GfK rose to -17 in December from -18 in November, the highest reading since August
Consumer confidence dips marginally
Price and inflationary pressures eased across all product groups
While the economy is expected to slow this year as a result of the cumulative impact of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to tame inflation
The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed
The report underlined that -39 is the biggest net negative on this question in the history of the survey
The survey showed that household spending was buoyant on the back of higher essential and non-essential spending
Tech-focussed firms driving interest
The survey also covered employment scenarios, overall price situation and own income and spending from 5,387 households across these cities
The findings are based on an Ipsos online poll conducted September 4, 2021 - October 8, 2021
For the consumer confidence survey, a sample of 500 adults from Ipsos' India online panel aged 16-64 was interviewed online.
In an interview with Viveat Susan Pinto, Saugata Gupta responds to questions regarding competitive intensity in honey, overall consumer confidence and the way ahead for the market
Consumer confidence has dipped to a new low as the second wave of Covid-19 pandemic continues to take a toll on lives and businesses across the country, a new survey by the Reserve Bank of India show
The survey was conducted through interviews on the phone from April 29 to May 10 in 13 major cities
The monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) for India, in May, has shown a sharp drop of 6.3 percentage points, over April 2021, amid Covid-19 fears
Consumer sentiment was down across all 4 indices -- jobs, personal finances, economy and investments for the future, the survey said
Consumer confidence among urban Indians has moved up slightly, by 0.9 percentage point, in February so far, a report said
The Reserve Bank has launched the latest round of surveys to capture consumer confidence and inflation expectations of households, which are useful inputs for its monetary policy
The monthly PCSI, which is driven by the aggregation of the four weighted sub-indices, is a mixed bag for October 2020, Ipsos said in a statement
Consumer confidence index has shown a marginal uptick of 1.1 percentage points in September 2020, according to a monthly survey