Consumers less confident across the world: Nielsen

Sixty three percent of respondents said it was not a good time to buy discretionary or nondiscretionary things over the next 12 months, with spending restraint most notable among Europeans.

Consumers in the Asia Pacific were most upbeat but even there 59 percent said the next 12 months would not be a good time to spend, the survey showed.

India remained the most optimistic consumer market globally for a second straight quarter, followed by the Philippines, Indonesia and Thailand.

The Nielsen Global Consumer Confidence Index dipped 1 point in the fourth quarter to 91, after rising 1 point in the third quarter, and was 2 points higher than a year earlier.

A reading below 100 signals consumers are pessimistic about the outlook. Only 10 of the 58 markets surveyed reported a reading above 100.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Foxconn to bolster Chinese workers' union participation

NEXT ARTICLE
ALC places order for 39 planes: Airbus

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit