Despite demonetisation, Indian consumers remained confident in Q4: Nielsen

India topped the global consumer confidence index for the fourth quarter of 2016 with a score of 136

For the second quarter in a row, India's consumer confidence index remained high, topping the global list of countries on the same parameter, market research agency Nielsen said on Monday. Data released by the agency shows that India's consumer confidence index for the fourth quarter of the calendar year 2016 was 136, three points ahead of the score it achieved in the third quarter of 2016.

The increase in consumer confidence, said Nielsen, came at a time when the Government of India announced a ban on high-value notes, covered during the agency's survey period, stretching from October 31 to November 18,