Consumer sentiments improve

The improvement in sentiments during the early months of 2022 essentially reflects an increase in the proportion of households that believe that their current household incomes are better than they we

Consumer sentiments improved by a substantial 5 per cent during February 2022. This came on top of a 4 per cent improvement that sentiments had registered in January 2022. The cumulative growth in the Indian consumer sentiment during the first two months of 2022 was therefore a handsome 9.2 per cent.

Sentiments continued to improve into the early days of March 2022 as well. The week ended March 6 saw the sentiments index rise by an extraordinary 4 per cent. The 30-day moving average index of consumer sentiments as of March 6 was about 1.4 per cent higher than the average