Consumer Confidence Index


India Ranks Second Globally as Consumer Sentiment Surges on Strong Economic Growth and Job Prospects

Rising optimism in the world’s fourth-largest economy reflects growing domestic demand, expanding employment, and a positive outlook for 2026, according to the LSEG–Ipsos Primary Consumer Sentiment Index.

Consumer sentiment up in May 2024; India continues to lead 29 countries with highest national index score: LSEG-Ipsos Primary Consumer Sentiment Index

These findings are based on data from a monthly 29-country survey conducted by Ipsos on its Global Advisor online survey platform and, in India, on its IndiaBus platform. They are first reported each month by LSEG as the Primary Consumer Sentiment Index (PCSI).

The results are based on interviews with over 21,200 adults aged 18+ in India, 18-74 in Canada, Israel, Malaysia, South Africa, Türkiye, and the United States, 20-74 in Thailand, 21-74 in Indonesia and Singapore, and 16-74 in all other countries. The sample in India consists of approximately 2,200 individuals of whom 1,800 were interviewed face-to-face and 400 were interviewed online.

Consumer sentiment weakens in November 2023 for urban Indians - Refinitiv-Ipsos monthly PCSI

Sentiment down across economy, jobs, personal finances and investments