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Consumer sentiment improves in January by 3.9% after a dip in December: CMIE : Rashtra News #Consumer #sentiment #improves #January #dip #December #CMIE Consumer sentiments have improved in January by 3.9% after a dip in December when it fell by 4.5% to 57.6, though the recovery is somewhat hesitant, the Centre for Monitoring Indian Economy
CMIE's latest consumer sentiment survey shows that rural India is low on optimism. RBI's latest survey shows that consumers have been pessimistic about economic issues right through PM Modi's second term
Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.
Auto Retail: In December 2023 categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 28%, 36%, 3%, 0.2% and 1.3% respectively. CY'23 ended with double-digit growth as total retails increased by 11% YoY. All categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 9.5%, 58.5%, 11%, 7% and 8% respectively, according to FADA.
India Business News: Despite the recent spike in gold prices, the festive period of Dhanteras saw strong footfalls in key consumer segments such as gold and silver, cars a