SE Asia consumer confidence high

Consumer confidence continues to grow in Southeast Asia, hitting a seven-year high in the first quarter, according to the latest data from Nielsen.

The research company's Global Survey of Consumer Confidence and Spending Intentions showed that the region – which includes Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam – remains among the most optimistic in the world, returning an index of 114 in the first three months of 2015, some 17 points above the global average.

"The typical consumer in Southeast Asia is demonstrating a level of confidence that far outstrips their global counterparts," said Kaushal Upadhyay, Nielsen's executive director of client service in Southeast Asia, North Asia and Pacific, in remarks reported by Mumbrella

 

http://www.warc.com/LatestNews/News/EmailNews.news?ID=34790&Origin=WARCNewsEmail&CID=N34790&PUB=Warc_News&utm_source=WarcNews&utm_medium=email&utm_campaign=WarcNews20150520