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Consumer Confidence Index for future financial situation India 2019-2020

According to a survey conducted by Ipsos, consumer confidence in their future financial situation among Indians for April 2020 was 43, a drastic decrease from the previous year. However, the global average for April 2020 was 6.6, indicating that Indians expected a stronger financial stability in the future.

Consumer confidence in their future financial situation in India from April 2019 to April 2020

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Sources

In cooperation with
Ipsos
Release date

April 2020

Region

India

Survey time period

April 2019 to April 2020

Number of respondents

500+

Age group

16-74 years

Special properties

scores are based on single-month data.

Method of interview

Online survey

Supplementary notes

The survey question was phrased as follows: "Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger, about the same, somewhat weaker, or much weaker than it is now?."
The following question was used to formulate the Ipsos National Index as well as the Current, Expectations, Jobs, and Investment sub-indices.
The Global Consumer Confidence Index is the average of the National Index of 24 world markets surveyed monthly by Ipsos. The findings are based on data from Primary Consumer Sentiment Index (PCSI). The PCSI Index is normalized to a 0 to 100-point range with “50” representing the historical median economic conditions.

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