Consumer Confidence survey Flashcards
1
Q
Who conducts Consumer confidence survey ?
A
RBI !!! It measures consumer perception (current and future) on 5 economic variables : 1) Economic situation 2) Employment 3) Price level 4) Income 5) Spending
2
Q
What are the 2 indices it includes ?
A
1) Current situation index – Measures change in consumer perception in last one yr
2) Future expectations index – Measures what consumer thinks one yr ahead