1st Quarter, 2011 Global Online Consumer Confidence, Concerns and Spending Intentions - Nielsen Report

1st Quarter, 2011 Global Online Consumer Confidence, Concerns and Spending Intentions - A Nielsen Report May 2011

Studies from the above report vs http://paisamechanic.blogspot.com/2011/06/global-consumer-confidence-and-spending.html

• India's confidence level remains the same between Q4 2010 and Q1 2011
• Norway and Philippines have lost their confidence between Q4 2010 and Q1 2011
• Saudi Arabia is spotted at No. 2 position only second to India in the CCI Index

The report also concludes that Asia Pacific is the most optimistic region while EU is the most pessimistic region.

The following chart shows the optimistic and pessimistic levels of the top 10 countries.

• India is the most optimistic country, the report says
• Portugal, Hungary and Greece are the most pessimistic countries as there is a panic economic situation.
• China is spotted at No. 9th position in the optimistic countries index

Increasing food prices have been raised as the major concern for next 6 months. Please see the chart below:

Studies from the above report:

• Food price is a major concerns globally due to inflation.
• Job Security has not been seen as a major and spotted only at No. 6. Only 8% of the survey participants sees Job Security as their major concern while 7% have said that Job Security is the 2nd biggest concern.
• Though some of the countries are out of recession and steering towards growth, Economy is still seen as a major concern by 11% of the participants.
• Fuel prices are seen as the 3rd major concern by the participants.

People have pledged to use less car only to save their household expenses, from the below chart:

More detailed report is available in the following url:
http://in.nielsen.com/site/documents/GlobalConsumerConfidenceReportQ12011.pdf