India Consumer Outlook: Lowest Unemployment Figures In Two Years Support Spending Growth
Consumer & Retail / India / Wed 06 Mar, 2024
Key View: We hold a positive outlook for consumer spending in India over 2024, as the wider Indian economy recovers and growth figures return to a more stable medium-term trajectory. High-frequency data indicate that consumer confidence is at the highest since 2019 and have returned to pre-Covid levels, suggesting that consumer spending on big