Consumer confidence weakens in April amid sharp surge in Covid-19 cases Consumer confidence weakens in April amid sharp surge in Covid-19 cases A recent survey has indicated that consumer confidence has fallen among urban Indians in April due to a sharp rise in coronavirus cases. it noted that consumer sentiment is down across all four indices including jobs, personal finances, economy and future investments. advertisement UPDATED: April 22, 2021 14:49 IST Consumer confidence has deteriorated for a second straight month as Covid-19 cases conitnue to rise sharply in India. (Photo: Reuters/Representational image) Consumer confidence has dropped in April as Covid-19 cases continue to surge sharply across the country. According to the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) survey, confidence among urban Indians weakened by 1.1 percentage points in April 2021.