Pakistan consumer confidence surges by 4.4% in January
MG News | January 28, 2025 at 09:47 AM GMT+05:00
January 28, 2025 (MLN): The consumer confidence Index (CCI) in Pakistan increased by 4.4% to 38 points in January compared to last month, according to a survey report released by the State Bank of Pakistan (SBP).
Sentiments regarding the Current Economic Conditions (CEC) index also increased by 1.4% to 37 points while the Expected Economic Conditions (EEC) index was up by 7.43% to 39 points over the previous wave.
At the same time, inflation expectations decreased by 4.22% to 68.1 points. While concerns regarding unemployment in the next 6 months decreased by 3.32% to 69.7 points.
The CCI report assesses consumers’ confidence about the economy as well as their personal financial situation.
The overall CCI is calculated from survey results and evaluated within a range of 0-100, indicating an optimistic outlook when the index is above 50 while showing a pessimistic attitude towards future economic situations when it is below 50.
The index reflects the ‘current situation’ — economic changes witnessed in the last six months — as well as ‘future expectations’ that take into account changes expected in the next six months across the country.
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