Nelson: The Global Consumer Confidence Index Has Dropped To Its Lowest Level In A Year And A Half.
An investigation by Nielsen Co, a survey agency on Sunday, shows that, due to uncertainty,
Nielsen Co's global consumer quarterly survey shows that the US consumer confidence index is still weaker than in the second half of 2009 and the peak of the global economic recession.
The survey shows that the global consumer plan is tightening in the next few months in the areas of stock investment, daily consumption, vacation, technology upgrading and other fields.
31% of American consumers said they had no spare cash to spend freely. 25% of consumers in the Middle East and Africa and 22% of European consumers also hold this view.
The consumer confidence index in China and the Middle East also declined, the former due to rising inflation, and the latter's confidence index erupted earlier in the first quarter.
The Nielsen Co surveyed 56 countries around the world.
The euro zone countries, which are deeply affected by the debt crisis, have the lowest confidence index, among which Greece ranks the lowest in the world. Portugal, Ireland, Spain and Italy are among the 10 lowest ranked countries.
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