Retail in Asia

In Markets

Indian shoppers in anxious mood

Shoppers in India are concerned by rising prices and their own financial circumstances, trends limiting the willingness to make purchases, a study has found.

BluFin, the financial publisher, and TNS, the research firm, polled 4,000 urban adults, and reported that the consumer confidence index (CCI) stood at 39.9 points in March, where a score of over 50 points indicated a positive mood.

However, this did mark an improvement from the 39.3 points logged in February 2012 and 38.9 points registered in January. Figures had earlier reached a recent low in December 2011, on 35.8 points.

(Source: Warc.com)