In September 2021, the consumer sentiment index in urban India stood at 51. Compared to the previous year in September 2020 the consumer sentiment was at 40 in urban India. This shows an increase in the propensity for consumption of India's urban population. Since the low of around 40 between April and September 2020, the index has just slightly recovered by around ten index points till September 2021. Compared to the rural consumer sentiment index it is not only shown that in urban India there has been a sharper decrease in the optimism to consume, but also that the recovery since the COVID-19 pandemic has set on later.
Monthly urban consumer sentiment index in India from February 2020 to September 2021
Scoring is based on five areas: Perception on current well- being, expectations of future well-being, perceptions of current economic conditions of the country, perceptions of the prospective economic conditions of the country, household´s propensity to spend on consumer durables
Rising index values indicate an increased optimism for consumption.
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BCG. (October 26, 2021). Monthly urban consumer sentiment index in India from February 2020 to September 2021 [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/
BCG. "Monthly urban consumer sentiment index in India from February 2020 to September 2021 ." Chart. October 26, 2021. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/
BCG. (2021). Monthly urban consumer sentiment index in India from February 2020 to September 2021 . Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/
BCG. "Monthly Urban Consumer Sentiment Index in India from February 2020 to September 2021 ." Statista, Statista Inc., 26 Oct 2021, https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/
BCG, Monthly urban consumer sentiment index in India from February 2020 to September 2021 Statista, https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/ (last visited December 02, 2024)
Monthly urban consumer sentiment index in India from February 2020 to September 2021 [Graph], BCG, October 26, 2021. [Online]. Available: https://www.statista.com/statistics/1226157/india-urban-consumer-sentiment-index/