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What is Consumer Confidence Index?

Consumer Confidence Index

About Consumer Confidence Index

What is Consumer Confidence Index?

The Consumer Confidence Index (CCI) is a survey that indicates how optimistic or pessimistic consumers are regarding their expected financial situation. If the consumers are optimistic, spending will be more, whereas if they are not so confident, then their poor consumption pattern may lead to recession.
 
CCI is key to economic growth as consumption increases when they feel confident about the present economic situation and their own financial conditions. In a country like India, consumption affects 60-70% of GDP, the reason why CCI has an important role to play in the economy, showing insight into growth prospects.

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Latest Updates on Consumer Confidence Index

Consumers see further rise in spending over one year, says RBI survey

More respondents see inflation rise over one year

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Updated On : 07 Jun 2024 | 11:06 PM IST

US consumer confidence recovers after 3 months; inflation worries persist

While the economy is expected to slow this year as a result of the cumulative impact of 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022 to tame inflation

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Updated On : 28 May 2024 | 11:49 PM IST

Consumer confidence in India at more than four-year high, RBI survey shows

The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed

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Updated On : 05 Apr 2024 | 6:40 PM IST

Inflation expectations moderate in September 2023, says RBI survey

The results of the September 2023 round of its bi-monthly survey were released alongside the monetary policy review

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Updated On : 09 Oct 2023 | 8:41 PM IST

Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%

The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from

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Updated On : 25 Jul 2023 | 1:02 PM IST

Consumers worried over income growth prospects and job outlook, says report

The Reserve Bank of India conducts Consumer Confidence Survey (CCS) and Industrial Outlook Survey (IOS) to make such informed expectations

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Updated On : 19 Aug 2022 | 4:07 PM IST

Consumer confidence showing gradual improvement, says RBI survey

The survey also covered employment scenarios, overall price situation and own income and spending from 5,387 households across these cities

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Updated On : 10 Feb 2022 | 10:01 PM IST

Volume IconTracking economic indicators with Consumer Confidence Indices

The Consumer Confidence Indices are released by the RBI every two months. This indicator is the result of a large-scale survey on people's financial health and their plans. Find out more about it here

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Updated On : 23 Nov 2021 | 1:45 PM IST

Volume IconAirtel tariff, Q&A with Iravati Damle, market, Consumer Confidence Indices

Will Airtel's tariff hike revive the telecom sector? How did Zoom's Iravati Damle overcome govt scepticism? Can bears drag Sensex to 57,000? What are Consumer Confidence Indices? All answers here

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Updated On : 23 Nov 2021 | 8:00 AM IST

Consumer confidence surged by 1.9 percentage points in Oct: Report

The findings are based on an Ipsos online poll conducted September 4, 2021 - October 8, 2021

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Updated On : 20 Oct 2021 | 2:09 PM IST

Indian consumers turn more glum about future, less likely to spend: Survey

The reasons for the pessimism were deteriorating sentiments on general economic situation, income and prices, the RBI said. The current situation index had hit a record low of 49.9 in September

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Updated On : 08 Apr 2021 | 11:33 AM IST

Covid-19 pandemic eats into consumer confidence, shows RBI survey

Consumers reported sharp cuts in discretionary spending and also do not expect much improvement in the coming year, the RBI survey said

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Updated On : 05 Jun 2020 | 2:17 AM IST

India's consumer confidence in Nov sees steepest fall in more than 5 yrs

The drop coincides with a deepening slowdown in Asia's third-largest economy and increased worries about employment

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Updated On : 06 Dec 2019 | 11:16 AM IST

Consumer confidence drops in Sept as worry over savings, investment rises

Rise in fuel prices, crumbling stock market, trade wars between the US and China, financial scams in repayment for large banks, have all had a domino effect and led to drop in overall consumer sentime

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Updated On : 18 Oct 2018 | 10:52 PM IST

June consumer confidence dips after 8 quarters

India's index slips six points on inflation and monsoon worries

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Updated On : 03 Aug 2016 | 1:47 AM IST

Consumer confidence at 9-year high

At 134, India's score is the highest since the first half of 2007, when it was 135

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Updated On : 18 May 2016 | 1:37 AM IST