Global confidence rises

Global consumers became increasingly confident about their future prospects and more positive in their spending intentions during the second quarter of 2013, a new survey has revealed.

The latest quarterly survey from Nielsen, the market research company, showed consumer confidence rose one point since the first quarter of this year to index at 94, an increase of three points from the second quarter of 2012.

However, the poll of 29,000 respondents in 58 countries, still registered below Nielsen's baseline of 100 that indicates neutral sentiment, meaning that the global index remained in negative territory. There were also sharp regional variations.

South East Asia returned the most positive results, with seven markets reporting indices above the 100 baseline. Indonesia, with an index of 124, emerged as the country with the world's most confident consumers, closely followed by the Philippines on 121, Thailand on 114 and Malaysia on 103.
Read more at http://www.warc.com/LatestNews/News/EmailNews.news?ID=31702&Origin=WARCNewsEmail&utm_source=WarcNews&utm_medium=email&utm_campaign=WarcNews20130724#qjkJVOB1ybKmBjZ9.99