Consumer Confidence shows uptick in Jan: Thomson Reuters-Ipsos PCSI Study

The India Primary Consumer Sentiment Index (Consumer Confidence), as measured by Thomson Reuters in partnership with Ipsos, has bounced back in January 2019 after a slight drop in December and has moved up by 2.7 percentage points.     

The monthly PCSI result is driven by the aggregation of the four, weighted, sub-indices: the PCSI Employment Confidence (“Jobs”) Sub-Index, which is up 2 points; the PCSI Economic Expectations (“Expectations”) Sub Index, which is up 2 points; the PCSI Investment Climate (“Investment”) Sub-Index which is up 3.2 points; and the PCSI Current Personal Financial Conditions (“Current Conditions”)

Sub-Index which is up 3.3 percentage points over last month.  

“Lowering of fuel and food prices have brought down inflation, increasing liquidity, leading to the boost in optimism among Indians. Also macro indicators are harmonious, like the trade war between the US and China is stabilizing,” says Parijat Chakraborty, Country Service Lines Group Leader, Public Affairs, Corporate Reputation & Customer Experience, Ipsos India.   


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