Number Theory: Need for caution in reading RBI’s Consumer Confidence Numbers - Hindustan Times

Although consumer confidence has shown sustained improvement in the past few months, there is a need for caution in inferring this as proof of restoration of pre-pandemic income levels for the respondents.

The Consumer Confidence Survey (CCS) is one of the most keenly watched forwarding looking surveys conducted by the Reserve Bank of India. The CCS, conducted every two months in 19 major cities, seeks… [+5194 chars]

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