India ranked second in consumer sentiment globally in 2024, but saw a drop post-Diwali.

In November 2024, India ranked second in consumer sentiment among 29 countries according to the LSEG-Ipsos report, with a National Index score of 61.0, trailing Indonesia's 64.3. The report, based on a survey of over 21,000 adults under 75, showed a significant drop in Indian consumer sentiment due to post-Diwali spending. The index measures optimism about the economy, personal finances, and investment confidence.

November 29, 2024
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