http://timesofindia.indiatimes.com/articleshow/1936630.cms
The Times of India Online
Indians world's most optimistic consumers
[ 29 Aug, 2006 1517 hrs IST IANS ]
HONG KONG: Consumers in India are the world's most optimistic
about their economic prospects for the third year running, according to a
survey released on Tuesday.
India topped the annual AC Nielsen Global Consumer Confidence
poll with a score of 131 points out of 150, one point ahead of second-placed
Norway, according to the market research company.
Said Fanny Chan, managing director of AC Nielsen, Hong Kong:
"India's booming economy shows no signs of slowing down, making the nation
the world's most optimistic again.
Denmark, Ireland and Canada took the remaining places in the top
five of 40 countries and territories surveyed by AC Nielsen while places six
to 10 went to New Zealand, Australia, Malaysia, Hong Kong and Indonesia
respectively.
Bottom spot in the survey was taken by South Korea where nine
out of 10 consumers said it was not a good time to spend on the things they
need. Taiwan and Japan also recorded low optimism scores.
Vietnam was the country where more consumers than anywhere else
in the world were concerned about job security, with nearly three quarters
saying it was their chief anxiety.
Globally, the biggest concerns cited by consumers were the
economy (47 percent of respondents), health (37 percent) and job security
(31 percent), followed closely by the cost of paying off credit cards or
loans.
"As to our home town Hong Kong (which ranked 9th overall), with
the positive economic and business outlook, people have become more upbeat
and positive in the first half of 2006," said Fanny.
Nearly 22,000 people were polled by Internet in May and June for
the annual AC Nielsen survey.
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