RBI data shows decline in consumer confidence

Reserve Bank of India released the results of July 2024 round of its bi-monthly consumer confidence survey (CCS) today. The survey collects current perceptions (vis-vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending across 19 major cities. The latest round of the survey was conducted during July 2-11, 2024, covering 6,062 respondents. Female respondents accounted for 54.4 per cent of this sample.