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Report-Nielsen again rates India as world's most optimistic market
Posted On: 13-02-2012 00:00:00 12

Nielsen, an analytics and information company, has once again rated Indian markets as most optimistic, driven by its buoyant domestic consumption levels. India has earned this rating for the eighth consecutive quarter. The consumer confidence index has increased by one point to 122. Indonesia and Philippines followed at 117 points in the list. However, the survey cautions that the year ahead could impact consumer confidence as a result of slowing GDP growth and inflationary pressures within emerging economies. Justin Sargent, MD Nielsen India has stated that the inherent strength of the Indian economy is the savings mindset of the Indian consumer, and the positivity of consumer sentiment.

The global consumer confidence saw an increase by one index point to 89 in the December quarter, with buoyant USA and China, but confidence levels in 24 out of 27 European markets witnessed a decline.

 
 
 

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