Economics

Indian Consumers Turn More Glum About the Future, Survey Shows

  • RBI surveys shows consumer confidence near record-low
  • Sentiment about economic situation, and prices deteriorating
Photographer: Anindito Mukherjee/Bloomberg
Lock
This article is for subscribers only.

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.

Indian consumers turned more pessimistic about the present and less gung-ho about the future, making them less likely to spend big in an economy that’s driven by domestic consumption.