consumer confidence Archives - Inside Retail Asia

India, Myanmar top Consumer Confidence rankings

India tops the Mastercard Index of Consumer Confidence rankings as the most optimistic market in Asia Pacific.

Consumer confidence reaches record high

The ANZ-Roy Morgan Hong Kong Consumer Confidence index rose to a record high of 137.6 in July.

Thai consumer confidence soars

Thai consumers are more confident than at any time in the last 18 months according to a new university survey. Long running political protests had sapped confidence before May’s military coup and for several months afterwards consumers were still spooked by a nighttime curfew and martial law, the latter of which remains in place to prevent political rallies. But the University of the Thai Chamber of Commerce reports this week the consumer confidence index reached 81.1 in December, well u…

Singapore consumer’s blues ease

Singapore’s consumer confidence index rose slightly to 120.7 points (up 1.7 points than last month) in September. ANZ-Roy Morgan says the slight increase in confidence over the month was driven by an improvement in the assessment of current and future financial assessments. The survey revealed 44 per cent (down 2 ppts) of respondents expect Singapore will have “good times” economically over the next 12 months compared to 11 per cent (down 2 ppts) who expect “bad times” economically. Eig…

China consumer confidence rebounds

China’s consumer confidence index rose to 154.2 in August, the highest level in six months. The ANZ-Roy Morgan survey showed sentiments improved in eight cities, but declined in six by varying degrees. Notable increases of 7.3 points, 16.7 points and 1.2 points were recorded in Beijing, Shanghai and Guangzhou, respectively. “We believe rising consumer confidence in August could give a boost to retail sales, possibly reversing the disappointing July retail sales numbers released last wee…

India tops optimism rankings

Indians are the most optimistic consumers, overtaking Indonesians. According to Nielsen, consumer confidence in India increased by seven points in the second quarter of 2014 to 128 points, surpassing Indonesia at 123 points. The Philippines, at 120 points, ranked third. “Consumers in India have indicated increased levels of confidence in the second quarter when the country’s general election was taking place in the country,” said Piyush Mathur, president, Nielsen India. Nielsen’s …

[:en]Thai consumer confidence spikes[:zh]泰国消费者信心飚峰

[:en] Consumer confidence in Thailand has bounced back amidst the political unrest there. According to the University of the Thai Chamber of Commerce, the country’s consumer confidence surged from 67.8 in April to 70.7 in May, the highest in 14 months. Thanavath Phonvichai, VP of research at Thai Chamber of Commerce, said the reviving consumers and companies’ confidence is fueled by the military junta’s measures to ‘bring back stability’ like setting up the National …

[:en]China consumer confidence stable[:zh]中国消费者信心稳定

[:en]China’s consumer confidence remains stable despite slowing growth and housing market uncertainty. The ANZ-Roy Morgan China Consumer Confidence Index records consumer confidence in the world’s second largest economy remained stable at 152.5 in May compared with 152.6 in April. It says sentiment in Shanghai and Guangzhou remained upbeat, while in Beijing it continued to trend lower. In China’s small and medium cities, consumer confidence generally saw an improvement, it says. …

Asians ready to spend more

Consumer confidence in Asia-Pacific increased in eight of 14 markets in the first quarter, suggesting purse strings will be loosened in coming months. Confidence was flat in three markets and declined in three. But importantly, discretionary saving and spending intentions in the Asia Pacific region increased in all categories measured in the survey by market researcher Nielsen. The region’s biggest quarterly index increase was six points, in both India (121) and Hong Kong (111), says …

Chinese consumer confidence dips

Chinese consumer confidence dropped to 91.4 points in March from 91.5 in February. That’s according to Market News International, a unit of Deutsche Boerse Group. The firm said concerns over the financial system and weak economic data have hurt consumer sentiment in China. “While sentiment was broadly stable in March, it is at its lowest since August last year. Given the weakening in the economy, consumers are increasingly concerned about their personal finances and the outlook for jobs,…

Consumer confidence in China soars

Chinese consumer confidence reached a record high of 111 points in the fourth quarter of 2013, according to Nielsen. The one-point boost in consumer confidence from third quarter put China in the number four spot among the 60 countries and regions covered by the Nielsen survey, behind only Indonesia (124), India (115) and the Philippines (114). Nielsen found Chinese consumers’ perception about spending intention reached 47 per cent, the highest since second quarter of 2010, while the per…

SE Asian consumers more optimistic

Southeast Asian consumers lead the world with a strong sense of cautious optimism, with confidence in the region continuing to rank among the highest globally. According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, Indonesia maintained the top spot on the global Consumer Confidence Index, up four points in the latest quarter to 124, which was 30 points above the average global score of 94. Philippines and Thailand also remained among the top 10 with Consumer…