Page 11 - Consumer Sentiment Indicator

November brings in good tidings

During November, India's rank in Ease of Doing Business went up to 100 out of 190 countries compared to a much lower rank of 130 a year ago and 142 the year before

Farmers' optimism pushing up consumer sentiment

The CMIE index of consumer sentiment in November is likely to end about 6% higher than its October level

Three eminent economists criticise estimates of job losses

The CMIE-BSE real-time measurement of unemployment gave us the opportunity to observe demonetisation impact on jobs in real time

Twin shocks and jobs

During the ten months following demonetisation, the average labour participation rate was 44 per cent

Volatility of the unemployment rate

The unemployment rate fell to 5.6 per cent during the week ended October 29. This was a significant fall from the 6.9 per cent rate during the preceding week

A very subdued diwali

The BSE-CMIE-UMich consumer sentiments indices have been pointing to low consumer sentiments and expectations

Consumer sentiment improves in rural India

The improvement reflects buoyancy in the rural sector

Young, unemployed and not looking for jobs spells trouble for the economy

Fall in both, number of people employed and number of job-seekers implies fall in labour force

Arguing about aspirations

73% of the respondents from the middle-class in a survey said their first preference is a govt job

Good news: Unemployment is rising

Our labour participation rate was 54 per cent according to the World Bank's modeled ILO estimate

Low expectations cast shadow on the ensuing festive season

Consumer sentiment have been worsening since a brief rise during April and May this year

Not a happy festival season

The cumulative fall in the index over these five weeks is a substantial 7.7 per cent

Intentions to buy consumer durables during pitrupaksh

In 2016, pitrupaksh had no negative impact on the net intentions to buy consumer durables

Muted expectations

During September 2017, the index of consumer expectations fell by 2.1 per cent after having fallen by 1.2 per cent in August

Transformations cost jobs

The average urban unemployment rate of 7.85 per cent during the first fortnight of October is significantly higher than the levels seen during the preceding 12 months

Consumer durables demand clutching at straws

The pitrupaksh period did not dampen spirits in 2017, like it did not in 2016

Urban unemployment rises to 8.2%, hits 11-month high

The BSE-CMIE effort at measuring unemployment in India has completed five Waves of surveys. The survey is conducted over a panel of about 160,000 households

Rural sentiments are volatile but they matter

Labour conditions in rural India are relatively stable but consumer sentiments are quite volatile

Erratic monsoons signal farm distress, sowing down in five states

Rural India faces double whammy, with lower growth in output, decline in its terms of trade

Replace informal occupations with formal ones

According to the CPHS, an estimated 404.7 million persons were employed during January-April 2017