The Consumer Confidence Index score for India in Q4 2016 has climbed three points to 136 from 133 in the previous quarter. India continues to lead the global index, and is followed by Philippines 132.
Earnings of fast moving consumer goods (FMCG)companies in the June quarter quarter is a clear reflection of this sentiment as most the players in this space have disappointed street estimates.
Asia stocks opened in the red, following a sell-off on Wall Street after sentiment took a hit from mixed U.S. economic data and dashed hopes for an oil production cut.
The personal care segment within fast moving consumer goods (FMCG) sector has seen the most slowdown although sales in high-end portfolio products remain robust, says Piyush Mathur, President, Nielsen India Region
Indians have emerged as the most confident consumers globally in the fourth quarter of 2012 despite job security and economy remaining their biggest concerns, in a study by provider of market information and insights Nielsen.
Concerns over rise in prices of essential commodities and worries about employment prospects have dragged down the confidence of urban consumers in India this month, says a study by financial services provider BluFin.
Indian consumers' confidence level rose in July on expectations of improved job security, says a study by financial services provider BluFin.
In a report released by BluFin, the financial information company stated that the consumer confidence index dropped to 40.3 in June, the worst in the previous five months.