Shopper confidence dips

New Delhi, April 21

Consumer confidence among urban Indians weakened by 1.1 percentage points in April 2021 amid a surge in Covid cases in the country, as per a monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI) survey.

Consumer sentiment was down across all four indices — jobs, personal finances, economy and investments for the future, the survey said.

The online survey was conducted between March 26, 2021, and April 9, 2021. A sample size of 500 adults from Ipsos’ India online panel aged 16-64 years were interviewed. The monthly PCSI is driven by the aggregation of the four weighted sub-indices. — PTI

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