The Global Consumer Confidence Index measures at 50.5 this September, up just 0.1 points from three months ago. China (+3.2 to 74.4), India (+0.6 to 64.7), the United States (+0.7 to 62.6), and Sweden (+0.5 to 61.5) continue to sit atop the confidence ratings. This month, Turkey (+1.7 to 39.6) and Argentina (-5.6 to 36.9) report in as the two countries to score below 40. Over the past three months, Italy has seen the greatest increase in optimism, with a three-month increase of 4.5 points to a score of 45.4. Mexico (+3.5 to 50.5), China, Poland (+2.0 to 53.0), and Turkey report the other four significant increases of 1.5 points or more. Just three countries see a significant decrease: Argentina, South Korea (-4.9 to 42.8), and South Africa (-1.6 to 41.5).
The Jobs Index shows a promising increase of 0.8 points to 59.3. Nine countries show a significant increase this month compared with just two seeing a decrease. Argentina sees the biggest fall: 4.1 points to 42.7. Hungary follows with a 2.7-point decrease to 56.7. Among the nine countries that see an increase, Italy (+4.4 to 56.1), Germany (+3.3 to 73.6), and Great Britain (+3.2 to 67.9) report the top three jumps. Brazil (+0.3 to 35.0) and Argentina score the lowest values while Sweden (+2.7 to 75.2), the United States (+3.0 to 74.5), and Germany finish the month as the top three index leaders.
Counterbalancing the optimistic increase in the Jobs Index, the Expectations Index shows a 0.9-point drop to 58.3, following a trend seen in last month’s 0.9-point decrease. Mexico, as was the case last month, continues to express high levels of optimism after a three-month index increase of 6.7 points to 66.5. The only other country to show a significant increase in their Expectations score is Italy (+2.7 to 57.0). On the other hand, nine countries see a significant decrease. South Korea (-7.5 to 51.1), Argentina (-5.2 to 51.6), and South Africa (-4.1 to 51.2) are this month’s biggest fallers. China (+0.4 to 73.9) and India (+1.4 to 70.7) remain the highest scorers while Turkey (0.0 to 46.9), Russia (-3.8 to 49.5), and France (-1.9 to 49.6) report the three lowest values.
Despite another three-month drop in the Expectations Index, the Investment Index manages to stay stable this month, increasing by just 0.1 points to 43.9. Argentina (-7.0 to 30.2) again shows a significant decrease, as does South Korea (-5.3 to 32.9). China continues its upward investment trend with the greatest increase of 5.4 points to 75.2. Italy (+5.2 to 36.2) follows closely behind while Mexico (+3.0 to 47.8) comes in a distant third. China’s Investment index remains the highest by far with India (+0.5 to 66.5), Saudi Arabia (+0.5 to 58.2), and the United States (-0.6 to 55.4) following as the countries reporting an index value above 55. Japan (-0.9 to 28.7) shows another low Investment Index value, as do Argentina, France (+0.5 to 32.6), and South Korea.
[EVENT] Singapore launch of Global Business Influencers 2018
September 19 - Global Business Influencers make business decisions worth trillions of dollars and wield significant power when it comes to deciding how to manage and spend their personal wealth, representing the key to profitability for many industries, including B2B, finance, luxury, travel and others.