Indians most optimistic lot in the world: Nielsen
Indians have emerged as the most optimistic lot globally, with improving economic conditions, better growth and job prospects making them more confident, a report by global consultancy firm The Nielsen says.india Updated: Oct 30, 2009 20:07 IST
Indians have emerged as the most optimistic lot globally, with improving economic conditions, better growth and job prospects making them more confident, a report by global consultancy firm The Nielsen says.
According to the survey, India has topped latest round of Nielsen's Consumer Confidence Survey with 120 index points.
The country is followed by Indonesia and Norway with 115 and 110 index points, respectively.
Indicating a rebounding consumer confidence across the world, Nielsen's global consumer confidence index has also seen an increase and has jumped to 86 points this month from 77 index points in April this year.
The consumer confidence is a reflection of the optimism in a country towards job prospects, personal finances, and their willingness to spend on discretionary items.
"Economic downturn is finally subsiding not only in India but across the world and improving economic condition and prospect of growth are infusing more confidence in people," The Nielsen Co Director(Consumer Research) Vatsala Pant said.
Indians are also most optimistic lot globally when it comes to job prospects and state of personal finances for the next 12 months.
"At present it looks like Indian economy and people's confidence is on a fast improving trajectory. Everything looks positive from point of view of job market, people's finances and investments. If things continue the way they are downturn in India will soon become history," Pant said.