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India's consumer confidence worsens in May as Covid hits sentiment


The consumer confidence in India has further weakened in May amid the severe Covid crisis and the resultant lockdowns across states.
The monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) for India, in May, has shown a sharp drop of 6.3 percentage points, over April 2021, amid Covid-19 fears.
The monthly PCSI, which is driven by the aggregation of the four weighted sub-indices, has plunged across all sub-indices. The PCSI Employment Confidence Sub-Index is down by 4.7 percentage points, the PCSI Current Personal Financial Conditions Sub-Index has steeply fallen by 9.0 percentage points.
Further, the PCSI Investment Climate Sub-Index has sharply declined by 8.4 percentage points and the PCSI Economic Expectations Sub Index, has decreased by 4.4 percentage points. ....

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India's consumer confidence worsens in May amid severe COVID crisis


India s consumer confidence worsens in May amid severe COVID crisis
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The consumer confidence in India has further weakened in May amid the severe COVID crisis and the resultant lockdowns across states.
The monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) for India, in May, has shown a sharp drop of 6.3 percentage points, over April 2021, amid COVID-19 fears.
The monthly PCSI, which is driven by the aggregation of the four weighted sub-indices, has plunged across all sub-indices. The PCSI Employment Confidence Sub-Index is down by 4.7 percentage points, the PCSI Current Personal Financial Conditions Sub-Index has steeply fallen by 9.0 percentage points.
Further, the PCSI Investment Climate Sub-Index has sharply declined by 8.4 percentage points and the PCSI Economic Expectations Sub Index, has decreased by 4.4 percentage points. ....

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Consumer confidence weakens amid Covid crisis


Consumer confidence weakens amid Covid crisis
​ By
IANS
|
​ 4 Views
Rising CPI inflation may hurt consumers further in March.. Image Source: IANS News
New Delhi, April 21 : As India battles the acute Covid crisis, the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) for India, in April, has shown a downward slide of 1.1 percentage points, over March 2021.
The monthly PCSI is driven by the aggregation of the four weighted sub-indices.
An Ipsos said that the PCSI Employment Confidence Sub-Index is down by 0.6 percentage points, the Current Personal Financial Conditions Sub-Index has fallen by 1.5 percentage points.
The Investment Climate Sub-Index has declined by 0.9 percentage points and the Economic Expectations Sub Index is down by 0.8 percentage points. ....

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