To be sure, consumer confidence dipped in May, sliding 6.3 percentage points over April 2021 amid an intensified covid-19 wave. “We are seeing slow recovery from the major drop in consumer sentiment, in May 2021," Ipsos said in its report Monday. The index is composed of four sub-indices: current conditions index; expectations index; investment index; and jobs index. The PCSI employment confidence or jobs sub-index was down by 0.1 percentage points; the PCSI current personal financial conditions or current conditions sub-index recovered by 3.5 percentage points. India's consumer sentiment reported steady improvement till January 2021, Ipsos said in its April survey.

Source: Mint July 19, 2021 13:41 UTC