Consumer confidence remains weak, shows RBI report

Consumer confidence for the month of July continued to remain weak with the current situation index still around all-time low levels, a survey by the Reserve Bank of India (RBI) showed on Friday. As most households reported lower incomes and higher level of price as compared to a year ago, the current situation index (CSI) showed negative sentiments at 48.6, with minimal signs of improvement compared to 48.5 in May.

from Times of India https://timesofindia.indiatimes.com/business/india-business/consumer-confidence-remains-weak-but-future-expectations-turn-optimistic-rbi-report/articleshow/85109690.cms>ab