India's growing confidence

India has for the thrid time in a row come in the top spot from among 41 countries in the ACNielsen Consumer Confidence Servey conducted for the first half of 2006. India is also number one in the Asia-Pacific study of 14 countries.

The survey shows Indians remain confident of the job market and personal finance: 90 per cent rate employment prospects as excellent or good, compared with the regional and global averages of 47 and 53 per cent, respectively.

Indian consumers’ perceptions of the state of their personal finances is also encouraging — 86 per cent rate them as excellent or good, while the corresponding figure for the region is 45 per cent.

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