SME Times News Bureau | 20 Apr, 2019
confidence in April has recovered due to moderate inflation and calming down of
tension between India and Pakistan, according to a recent report.
report said consumer confidence has recovered in April owing to cooling
inflation and easing tensions between India and Pakistan after a war-like
situation had developed, said a recent report.
Consumer confidence shows major gains and recovery in April, the index tracking
the same is up 9.9 percentage points from March's 6.8 percentage points, it
"War clouds have receded, inflation is under control, the stock market is
leaping up and the election speeches are full of rosy promises... all these are
giving a strong boost to overall optimism and the buoyant mood of India,"
said Parijat Chakraborty of Ipsos India.