Economic Pulse

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).

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

Macro global factors notwithstanding, Consumer Sentiment for India has shown improvement over the previous month. Has moved up 1.2 percentage points in March 2022 according to the Refinitiv-Ipsos Primary Consumer Sentiment Index.

Consumer Confidence for urban Indians shows minor uptick of 0.9 percentage points in Nov 2021 – Refinitiv-Ipsos India monthly PCSI, November 2021.
Sentiment around jobs shows major improvement. For economy and investments mild surge; sentiment for personal finances remains same as last month

Consumer Confidence tumbles by 6.3 percentage points in May 2021, amid COVID 19 surge: Refinitiv-Ipsos monthly India PCSI;
Consumer Sentiment falls sharply across all 4 indices of jobs, personal finances, economy and investments for future

Consumer Confidence has weakened by 1.1 percentage points in April 2021 for India: Refinitiv-Ipsos monthly India PCSI;
Consumer Sentiment down across all 4 sub indices of jobs, personal finances, economy and investments for future

Consumer Confidence declines in March 2021: Refinitiv-Ipsos monthly PCSI;
Sentiment down for personal finances, investments for the future; sentiment unchanged for economy; sentiment up for jobs

Consumer Confidence bounces back to pre-pandemic levels - surges significantly by 4.7 percentage points in January 2021: Refinitiv-Ipsos monthly India Primary Consumer Sentiment Index.

Sentiment up for jobs, investment for future, daily spends and economy

Confidence in economy surges; pessimism continues around jobs and finances