Consumer confidence in urban India improved modestly in July, helped mainly by better assessment of the employment situation and inflation, data from a survey by BluFin showed Tuesday.
The BluFn consumer confidence index, designed to assess the pulse of urban Indian consumers with regard to the economy and spending behavior, increased modestly to 41.1 in July from 40.3 in June, indicating that consumers are less downbeat. A score between 25-50 indicates that consumers are slightly pessimistic. Read more
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