According to Master Card Worldwide Index of Consumer Confidence, our country India has been ranked as the most optimistic nation in Asia in a global consumer confidence survey released here. At 81.2, in an index which is calculated with zero as the most pessimistic 100 as the most optimistic, India was the leader of the pack in Asia.
The index is based on a survey which measures consumer confidence on prevailing expectations in the market over the next 6 months, based on indicators such a economic growth, employment, stock market, regular income and quality of life. It involved about 12,915 respondents in 25 countries and recorded a 3 point rise in Middle East consumer confidence from the previous six month period, bringing the index to (85.7), significantly higher than Africa (73.8) and Asia Pacific (52.1).
The index is based on a survey which measures consumer confidence on prevailing expectations in the market over the next 6 months, based on indicators such a economic growth, employment, stock market, regular income and quality of life. It involved about 12,915 respondents in 25 countries and recorded a 3 point rise in Middle East consumer confidence from the previous six month period, bringing the index to (85.7), significantly higher than Africa (73.8) and Asia Pacific (52.1).
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