Consumer sentiment around the world: Trending upward
In many countries, consumers felt less financial pressure in 2016 than they did the year before.
More consumers across the globe are enjoying a sense of financial stability. In our second annual Global Consumer Sentiment Survey, conducted in September 2016 across 25 countries, fewer consumers said they were delaying purchases, cutting back on spending, and feeling uncertain about the economy. Survey results varied by country and region, of course, but in only one region—the Middle East, which was severely affected by falling oil prices—did consumer sentiment falter significantly compared with the year prior (exhibit). McKinsey – Read more…
More consumers across the globe are enjoying a sense of financial stability. In our second annual Global Consumer Sentiment Survey, conducted in September 2016 across 25 countries, fewer consumers said they were delaying purchases, cutting back on spending, and feeling uncertain about the economy. Survey results varied by country and region, of course, but in only one region—the Middle East, which was severely affected by falling oil prices—did consumer sentiment falter significantly compared with the year prior (exhibit). McKinsey – Read more…
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