Last Updated:June 26, 2025, 16:54 IST
Consumer confidence in India surged in June, with the LSEG-Ipsos PCSI rising 2.9 points to 59.0, placing India second among 30 countries.
The upbeat consumer sentiment was visible across all key components of the LSEG-Ipsos Primary Consumer Sentiment Index.
Consumer confidence in India rebounded sharply in June, rising by 2.9 percentage points to a national index score of 59.0, according to the latest LSEG-Ipsos Primary Consumer Sentiment Index (PCSI). This marks a strong recovery after a turbulent May and places India second among 30 surveyed countries, trailing only Indonesia (61.1).
The upbeat sentiment was visible across all four key components of the index. Notably, the ‘Employment Confidence’ sub-index saw the highest surge, climbing by 6.5 percentage points. The ‘Economic Expectations’ sub-index jumped 4.2 points, while sentiment around ‘Current Personal Financial Conditions’ and ‘Investment Climate’ rose by 3.2 and 1.0 percentage points, respectively.
Amit Adarkar, chief executive officer of Ipsos India, said, “Optimism among citizens is rife in June as we see stability setting in this month, after a torrid May of war and previously the tough Trump trade laws and immigration laws announced by Trump govt in April, leading to anxiety and uncertainty among citizens.”
He added that the consumer sentiment has seen a major uptick for jobs and the economy. Sentiment is also up for personal finances and investments, indicating, citizens are comfortable financially, both for taking care of household spends and discretionary spends. Sentiment for jobs has seen a major surge of 6.5 percentage points, indicating, hiring and jobs are back. After the Operation Sindoor and diplomacy mission of the government, there is a somewhat feel good factor pervading the nation. Also with our made in India success stories of weaponry, saving civilian lives, has been reassuring.
India’s PCSI score for June: 59.0, up from 56.1 in May
Among the 30 countries, Indonesia (61.1) holds the highest National Index score. It is the only country this month that has a National Index score of 60 or higher. And India is placed second in the pecking order in ranking, according to the report.
“Twelve other countries now show a National Index at or above the 50-point mark: India (59.0), Malaysia (55.7), Singapore (55.1), Mexico (54.2), Sweden (54.1), U.S. (53.4), Netherlands (52.5), Brazil (52.1), Great Britain (52.1), Poland (50.8), Australia (50.4), and Spain (50.0). In contrast, just three countries show a National Index below the 40-point mark: Japan (37.1), Türkiye (35.3), and Hungary (33.5),” it added.
Consumer sentiment is led by some of the nations of global south including India, with highest national index scores.
About LSEG-Ipsos Primary Consumer Sentiment Index
The PCSI is a monthly global survey conducted by Ipsos in partnership with LSEG, gauging consumer sentiment across various indicators such as the local economy, personal finances, and investment outlook. In India, the survey includes a sample of 2,200 adults from metros and tier 1-3 cities, reflecting views of urban social-economic classes A/B/C.
The global sample includes over 21,700 adults across 30 countries, with rigorous weighting applied to ensure demographic representation. The Indian leg of the study combines both online and face-to-face interviews.
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