Textile & Apparel
Textiles
Indian consumer sentiment on economy, income, jobs dips for year ahead
Aug 14, 2024
Insights
- India’s consumer confidence in July dropped for the second round in a row in the central bank’s consumer confidence survey after a prolonged post-COVID rising trend.
- Their sentiments on major parameters, except spending, moderated.
- Lower optimism on economy, employment and prices led to a 4.1-point moderation in the future expectations index to 120.7 in July.