India Consumer Confidence

Consumer Confidence in India increased to 121 in the fourth quarter of 2012 from 119 in the third quarter of 2012. Consumer Confidence in India is reported by the Nielsen. Historically, from 2009 until 2012, India Consumer Confidence averaged 118.86 reaching an all time high of 131 in March of 2011 and a record low of 92 in March of 2010. The Consumer Confidence Index in India is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions, established in 2005. The survey is conducted by the Internet and tracks consumer confidence, job prospects, personal finances and spending intentions. Consumer confidence levels above 100 indicate optimism and below a 100 indicate pessimism. This page includes a chart with historical data for India Consumer Confidence.

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Consumer Confidence | Notes

Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.






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