In September 2021, the consumer sentiment index in rural India stood at 62. Since the low of around 45 in April and July 2020, the index has just slightly increased by around 15 index points up to September 2021. Therefore, the propensity for consumption in rural India has hardly recovered from the time before the COVID-19 pandemic. Compared to the urban consumer sentiment index the rural optimism to consumption witnessed an even lower decrease, but started recovering earlier.
Monthly rural consumer sentiment index in India from February 2020 to September 2021
Scoring is based five areas: current well-being, expectations of future well-being, perceptions of current economic conditions of the country, perceptions of the prospective economic conditions of the country, and household´s propensity to spend on consumer durables
Rising index values indicate an increased optimism for consumption.
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BCG. (November 25, 2021). Monthly rural consumer sentiment index in India from February 2020 to September 2021 [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/
BCG. "Monthly rural consumer sentiment index in India from February 2020 to September 2021." Chart. November 25, 2021. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/
BCG. (2021). Monthly rural consumer sentiment index in India from February 2020 to September 2021. Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/
BCG. "Monthly Rural Consumer Sentiment Index in India from February 2020 to September 2021." Statista, Statista Inc., 25 Nov 2021, https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/
BCG, Monthly rural consumer sentiment index in India from February 2020 to September 2021 Statista, https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/ (last visited November 24, 2024)
Monthly rural consumer sentiment index in India from February 2020 to September 2021 [Graph], BCG, November 25, 2021. [Online]. Available: https://www.statista.com/statistics/1226095/india-rural-consumer-sentiment-index/
