Ipsos’s consumer confidence metrics are based on data from a monthly survey of more than 21,000 adults in 29 markets conducted on Ipsos’s Global Advisor online survey platform and, in India, on its IndiaBus platform. They are first reported each month by Refinitiv as the Primary Consumer Sentiment Index (PCSI).
Metrics include a “National” Index or “Overall” as well as four sub-indices, each indicative of a subset of areas.
- Current Index: Current personal financial situation, local economy, purchasing and investing confidence, and job security
- Expectations Index: Future personal financial, local economy, and employment situation
- Investment Index: Purchasing and investing confidence and personal financial situation
- Jobs Index: Job security confidence, job loss experience, and employment outlook
The Global Consumer Confidence Index is the average of each of surveyed countries’ Overall or “National” index.”
The latest consumer trends at a glance
Top five countries in consumer optimism in November 2023
- Indonesia - 63.2
- India - 63.1
- Mexico - 60.8
- Singapore - 58.6
- Brazil - 57.1
Key consumer confidence trends for November 2023
The latest figures show that the Global Consumer Confidence Index currently reads at 47.2, remaining stable for the sixth consecutive month.
If we exclude the nine new countries, the index would indicate a reading of 45.1.