Consumer Confidence

As 2024 drew to a close, the sentiment among Indians reflected a nuanced mix of hope and caution regarding the year ahead. While there is a desire for improvement and a better future among Indians, there is also a recognition of the challenges and uncertainties that lie ahead.

Despite consumer sentiment plummeting -5.3 pp in Nov 2024 in post festival gloom: LSEG-Ipsos Primary Consumer Sentiment Index India

Sentiment down for the economy, personal finances, investments & jobs

Citizens feeling the pinch around daily spends, savings and investments.

India (64.5) and Indonesia (62.3) are the only countries with a National Index score of 60 or higher.

Consumer sentiment significantly drops for the economy and jobs

Each month, Ipsos tracks attitudes of consumers in 29 markets (including India) on the current and future state of their local economy, their personal financial situation, the employment climate, and their purchasing and investing confidence.

Big jump in sentiment for jobs; sentiment also up for personal finances, economy and investments

Refinitiv has rebranded to LSEG (London Stock Exchange Group)

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.