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Indian urban consumer confidence rose in November due to better economic outlook and job optimism.
India’s urban consumer confidence rose slightly in November to 98.4, driven by improved perceptions of current economic conditions and inflation, along with brighter future expectations, particularly for jobs and easing price pressures.
Rural confidence remained stable, with steady current conditions and growing optimism about future employment and inflation.
Spending outlook stayed largely unchanged, as urban households cut essential spending while expectations for non-essential spending edged up.
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La confianza del consumidor urbano indio aumentó en noviembre debido a las mejores perspectivas económicas y al optimismo en el empleo.