According to a survey conducted by Ipsos, consumer confidence in their future financial situation among Indians for April 2020 was 43, a drastic decrease from the previous year. However, the global average for April 2020 was 6.6, indicating that Indians expected a stronger financial stability in the future.
Consumer confidence in their future financial situation in India from April 2019 to April 2020
The survey question was phrased as follows: "Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger, about the same, somewhat weaker, or much weaker than it is now?."
The following question was used to formulate the Ipsos National Index as well as the Current, Expectations, Jobs, and Investment sub-indices.
The Global Consumer Confidence Index is the average of the National Index of 24 world markets surveyed monthly by Ipsos. The findings are based on data from Primary Consumer Sentiment Index (PCSI). The PCSI Index is normalized to a 0 to 100-point range with “50” representing the historical median economic conditions.
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Ipsos. (April 14, 2020). Consumer confidence in their future financial situation in India from April 2019 to April 2020 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/
Ipsos. "Consumer confidence in their future financial situation in India from April 2019 to April 2020." Chart. April 14, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/
Ipsos. (2020). Consumer confidence in their future financial situation in India from April 2019 to April 2020. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/
Ipsos. "Consumer Confidence in Their Future Financial Situation in India from April 2019 to April 2020." Statista, Statista Inc., 14 Apr 2020, https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/
Ipsos, Consumer confidence in their future financial situation in India from April 2019 to April 2020 Statista, https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/ (last visited November 22, 2024)
Consumer confidence in their future financial situation in India from April 2019 to April 2020 [Graph], Ipsos, April 14, 2020. [Online]. Available: https://www.statista.com/statistics/1115802/india-cci-future-financial-situation/
