Global Consumer Confidence Index - April 2019

Consumer confidence up in France, Israel, and Spain; down in Latin America. The April 2019 reading of the Ipsos Global Consumer Confidence Index confirms a downward trend as it drops to 49.0. Over the past three months, the index has fallen by 0.9 point globally.

The author(s)

  • Clifford Young Ipsos Public Affairs, US
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Notable decreases are seen in all three Latin American markets surveyed: Argentina (-5.6), Mexico (-3.9), and Brazil (-3.0). In Europe, only Spain (+2.5) and France (+2.2) are posting gains, while Poland (-2.8), Germany (-2.2), and Hungary (-1.7) are showing significant losses. Overall confidence in the United States is down 1.5 points from its level of three months ago. The Consumer Confidence Index, also called the “National Index,” reflects consumer attitudes on the current and future state of their local economy, their personal finance situations, their savings and their confidence to make large investments.

  • Out of the 24 markets included in the study, only three post significant three-month gains in their National Index: Spain, Israel (+2.4) and France.
  • During the same three-month period, eight countries have incurred significant losses: Argentina, Mexico, Brazil, Poland, South Africa (-2.3), Germany, Hungary, and the U.S.
  • Mainland China continues to lead the index with a score of 69.6, followed by Saudi Arabia (64.4), India (62.4) and the U.S. (60.2).
  • At 31.8, Turkey has the lowest index score of all 24 markets, followed by Argentina (33.1), Russia (38.6), and South Korea (39.7).

Jobs Index

(Job security confidence, job loss experience, employment outlook)

Expectations Index

(Personal financial, community economy, and employment outlook)

Investment Index

(Purchasing and investment confidence, personal financial situation and outlook)

Global Average: 56.9

3-month trend: -1.5

Largest gains:

- Spain: +2.5

- Israel: +2.3

- France: +1.7

Largest drops:

- Argentina: -6.6

- Mexico: -4.4

- U.S.: -3.5

Global Average: 57.3

3-month trend: -0.6

Largest gains:

- Saudi Arabia: +3.1

- France: +2.4

- Spain: +2.3

Largest drops:

- Mexico: -5.2

- Brazil: -2.3

- India: -2.2

Global Average: 42.5

3-month trend: -1.0

Largest gains:

- France: +2.5

- Spain: +2.4

- Israel: +2.3

Largest drops:

- Argentina: -5.8

- Brazil: -4.4

- Poland: -4.3

These findings are based on data from Refinitiv/Ipsos’ Primary Consumer Sentiment Index (PCSI) collected in a monthly survey of consumers from 24 countries via Ipsos’ Global Advisor online survey platform. For this survey, Ipsos interviews a total of 17,500+ adults aged 18-74 in the United States, Canada, China*, Israel, South Africa and Turkey, aged 19-74 in South Korea, and aged 16-74 in the other 17 countries, each month. The monthly sample consists of 1,000+ individuals in each of Australia, Brazil, Canada, China*, France, Germany, Italy, Japan, Spain, Great Britain and the United States, and 500+ individuals in each of Argentina, Belgium, Hungary, India, Israel, Mexico, Poland, Russia, Saudi Arabia, South Africa, South Korea, Sweden and Turkey.

The author(s)

  • Clifford Young Ipsos Public Affairs, US

Consumer & Shopper