WHAT IS CONSUMER CONFIDENCE INDEX?
Consumer Confidence Index
The Consumer Confidence Index (CCI) is a survey that indicates how optimistic or pessimistic consumers are regarding their expected financial situation. If the consumers are optimistic, spending will be more, whereas if they are not so confident, then their poor consumption pattern may lead to recession.
CCI is key to economic growth as consumption increases when they feel confident about the present economic situation and their own financial conditions. In a country like India, consumption affects 60-70% of GDP, the reason why CCI has an important role to play in the economy, showing insight into growth prospects.
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LATEST UPDATES ON CONSUMER CONFIDENCE INDEX
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Consumers worried over income growth prospects and job outlook, says report
The Reserve Bank of India conducts Consumer Confidence Survey (CCS) and Industrial Outlook Survey (IOS) to make such informed ...| August 19, 2022, Friday -
Consumer confidence showing gradual improvement, says RBI survey
The survey also covered employment scenarios, overall price situation and own income and spending from 5,387 households across ...| February 10, 2022, Thursday -
Tracking economic indicators with Consumer Confidence Indices
The Consumer Confidence Indices are released by the RBI every two months. This indicator is the result of a large-scale survey on ...| November 23, 2021, Tuesday -
Airtel tariff, Q&A with Iravati Damle, market, Consumer Confidence Indices
Will Airtel's tariff hike revive the telecom sector? How did Zoom's Iravati Damle overcome govt scepticism? Can bears drag Sensex ...| November 23, 2021, Tuesday -
Consumer confidence surged by 1.9 percentage points in Oct: Report
The findings are based on an Ipsos online poll conducted September 4, 2021 - October 8, 2021| October 20, 2021, Wednesday -
Indian consumers turn more glum about future, less likely to spend: Survey
The reasons for the pessimism were deteriorating sentiments on general economic situation, income and prices, the RBI said. The ...| April 08, 2021, Thursday -
Covid-19 pandemic eats into consumer confidence, shows RBI survey
Consumers reported sharp cuts in discretionary spending and also do not expect much improvement in the coming year, the RBI ...| June 04, 2020, Thursday -
India's consumer confidence in Nov sees steepest fall in more than 5 yrs
The drop coincides with a deepening slowdown in Asia's third-largest economy and increased worries about employment| December 06, 2019, Friday -
Consumer confidence drops in Sept as worry over savings, investment rises
Rise in fuel prices, crumbling stock market, trade wars between the US and China, financial scams in repayment for large banks, ...| October 18, 2018, Thursday -
June consumer confidence dips after 8 quarters
India's index slips six points on inflation and monsoon worries| August 03, 2016, Wednesday
