ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Indians most confident about jobs, finances in Q3: Nielsen

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Indians most confident about jobs, finances in Q3: Nielsen
As per the report, 68% urban Indians indicated it's a good time to buy things they want and need over the next 12 months. Representational Image. Image Source: Pixabay

Indians were the most confident globally when it came to job prospects, personal finances and immediate spending intentions in the third quarter (Q3) of 2016, according to global performance management company Nielsen.

"The Consumer Confidence Index score for India in the third quarter (Q3) of 2016 has climbed five points to 133 from 128 in the previous quarter to reclaim the top spot on the global index. This is a bounce back to the same levels of optimism seen in the first quarter (Q1) of 2016. Following India are Philippines and Indonesia with scores of 132 and 122, respectively," Nielsen said in a statement.

The Nielsen Consumer Confidence Index measured perceptions of local job prospects, personal finances and immediate spending intentions in 63 countries.

Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism, respectively.

"The latest score for India is the highest historically for the quarter, and reiterates renewed optimism levels as well...The positive sentiment is helped by delayed but good monsoons, controlled inflation, positive economic outlook and onset of the festive season," Nielsen President-South Asia Prasun Basu said.

As per the report, sentiment levels of Indian on personal finances have gone up by six percentage points to 84% this quarter (78% in the second quarter (Q2) of 2016). Over two in five (81%) respondents indicate optimism over job prospects, up by two percentage points from last quarter.

Recessionary sentiment is lower by four percentage points when compared to the same quarter last year (50% now, versus 54% in third quarter (Q3) of 2015).

However, job security (17%) continues to be the 'biggest concern'. This quarter 'terrorism' follows as the biggest concern among 10% of the respondents - up five points from last quarter (5% in second quarter (Q2) of 2016).

As per the report, 68% urban Indians indicated it's a good time to buy things they want and need over the next 12 months.

"Putting into savings (66%), spending on holidays and vacations (56%), purchase of new technology products (52%) and new clothes (48%) have been highlighted as avenues for utilising spare cash," it said.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
IndiansEconomyThird QuarterQ3Nielsen Consumer Confidence IndexPhilippinesIndonesiaJobspersonal finances
Written By: PTI
Updated: Tue, Nov 01, 2016
02:09 pm
New Delhi , PTI
RELATED NEWS
Indians employees' trust the strongest among developed countries Indians employees' trust the strongest among developed countries
54% urban Indians won't shop online if there are no offers: Survey 54% urban Indians won't shop online if there are no offers: Survey
How we Indians spend our monthly budget How we Indians spend our monthly budget
Fewer Indians moved to smartphones in April-June: IDC Fewer Indians moved to smartphones in April-June: IDC
Indians are fussy buyers online as well, survey says Indians are fussy buyers online as well, survey says

LATEST NEWS

335 trains cancelled by Indian Railways today, February 2 - Check full list; IRCTC refund rule and ticket cancellation charges

Budget 2023: Rail stocks continue to rise on the back of record railway capital outlay

CBSE Admit Card Class 10, 12 to be released soon on cbse.nic.in: Check steps to download

WhatsApp bans over 36 lakh malicious accounts in India in Dec

Vande Bharat Express Fleet: Check full train list, timetable, routes, ticket price, new routes

Adani Enterprises and Adani Ports among top Nifty50 losers after the group shelves FPO

UP Police Constable Recruitment 2023: Application invited for 37,000 vacancies — Check notification details

Budget 2023: Electronic components industry body demands extension of duty concession on camera lens to other segments

India among top three sources for active users growth on Facebook: Meta

iQOO 11 5G Review: Swashbuckling flagship phone with plenty of hits, and few near-misses

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV