Backed by improving global consumer confidence, many regions are seeing improved conditions for businesses and the fast-moving consumer goods industry. Here, we’ll look at trends in a few select countries.
Once again, Filipino consumers posted the highest confidence index score among consumers from around the world. In the second quarter of 2017, optimism of Filipino consumers was the most bullish despite a slight dip of two points from Q4 2016 to register a confidence index score of 130.
Global consumer confidence increased modestly in 2016, a time of great political and economic change around the world, rising three points between the first and fourth quarters to 101. Confidence scores finished the year more strongly than they began in every region except Africa/Middle East.
Three countries in the emerging markets of Southeast Asia finished 2016 with higher consumer confidence scores than the start of the year, with the biggest increase in the Philippines (13 points), according to the latest Nielsen Global Survey of Consumer Confidence and Spending Intentions.