Corporate

Indian consumer sentiment sees marginal rise in October: Report

Consumer sentiment in India increased marginally in October as consumers remained upbeat about spending conditions despite turmoil in currency markets, says a report. The GICI (Genesis India Consumer Indicator) – a monthly indicator tracking consumer sentiment pan India across personal finances, business conditions and buying conditions increased slightly in October to 62.43 from 61.38 in September, nearly matching the record high levels seen in July. The survey further noted that consumer durable *buying sentiment increased* for the third consecutive month to hit a record high of 76.07 in October from 75.6 in September.

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