Trade Resources Economy Global Consumer Confidence Index Raised in Q1

Global Consumer Confidence Index Raised in Q1

According to the survey published last Wedsday, global consumer confidence raised in Q1, especialy the U.S, Japan and northern Europe.

Nielsen's survey showed that Indonesia has become the most optimistic consumers market in the world, surpassing India. Confidence of Japanese consumer has reached a top since 2006, though Japanese people remian cautious about the future.

Southen Europe's consumers stays in the most pessimistic line. A series of financial prime minus push up the unemployment rate to the top.

In Q1, 60% global market has been improved. In Q4 of last year, only 33% has bee improved.

According to the area, consumers in northern Europe show the most postivie attitude in purching goods in the next 12 months. 42% of local residents interviewed said they would spend some money on non-essential life project. The number is higher that 33% of last year.

Candian consumers rank top ten in this survey, however, Amercians remain cautious about the future.

Nielsen Global Consumer Confidence Index raised 2 points to 93. The index means consumer show a pessimistic attitude provided the index is lower than 100.

Portuga is the most pessimistic market,followed by Greece.

"We believed that worried about possobility of European debt crisis' spreading out  have been somewhat better." said Venkatesh Bala,the chief business economist in The Cambridge Group.

 

Written by Nicolas Yang

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