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India Second Most Economically Confident Nation

By SiliconIndia  |   Tuesday, 26 February 2013, 03:28 Hrs
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Bangalore: India’s economic confidence is again boosted up as the inflation rate decreases for the fourth uninterrupted month. According to report by global research firm Ipsos, another factor which strengthened the country’s economic growth along with the declining inflation rate, which stood at 6.62 percent in January, was the positive attitude of the investors and their confidence on the country’s economy.

The “Ipsos economic pulse of the world” survey reported that India’s confidence boosted up by 8 points to 68 percent in January, 2013 compared to December 2012 that pushed India to be the second most economically confident country after Saudi Arabia.

According to the study, 45 percent of the Indian citizens are positive about their local economy which also affects their personal finances. Around 53 percent of the population expects that the local economy will be much stronger in the coming six months. The online Ipsos economic pulse of the world survey was executed in December 2012 between 18,008 people across 24 countries.

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