Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .



INDIA Consumer Indicator Falls To 125.8 In March From 127.8 In February

Long Term Business Expectations Hit Series High

INDIA Consumer Indicator Falls To 125.8 In March From 127.8 In February

INDIA Consumer Indicator Falls To 125.8 In March From 127.8 In February

The India Consumer Indicator declined slightly in March following a rise to a 14-month high in February, driven by a fall in optimism about Personal Finances.

The Consumer Indicator fell 1.6% on the month to 125.8 in March from 127.8 in February. In spite of this decline, consumer sentiment was over 5% above the same month a year ago.

In March, three out of the five components which make up the Consumer Indicator fell. The Current Indicator declined by 2.4% to 115.5 in March from 118.4 in February as Current Personal Finances hit the lowest level since October. The Expectations Indicator fell by 1% to 132.8 in March from 134.2 in February.

While optimism about the current state of business declined significantly, respondents were more optimistic regarding longer term business conditions. Many respondents expected business conditions to improve after the upcoming general election, in the hope that a new government will push forward with business friendly policies.

Concerns over the current level of prices intensified in March and expectations for inflation in a year’s time remained elevated.

Untitled16 - Global Banking | FinanceCommenting on the latest survey, Chief Economist of MNI Indicators Philip Uglow said, “In spite of the latest drop in confidence, it has been rising steadily since last summer and is up on a year ago as consumers sense that the worst is now over for India’s economy.”

Elections usually bring about a lot of uncertainty, although there is a wave of optimism that a new government will be able to turn the economy around. Whichever party wins, it will take time to implement new policies and reforms, and the recovery in India is likely to be slow.”

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post