Consumer sentiment remains stable in June: Report
"Despite the hike in interest rates by RBI at the start of June, consumer sentiment remained broadly unchanged month-on-month, with consumers still relatively upbeat. Confidence is up significantly since the start of the year as consumers are benefitting from the revival in growth," GMMR Chief Economist Philip Uglow said.
A result above 50 indicates that respondents are optimistic. Image source: Pixabay