NEW DELHI: India’s consumer confidence showed small but clear shifts in November, with urban families feeling a slight firming up of confidence and rural households holding steady. The Urban Consumer Confidence Survey and Rural Consumer Confidence Survey by the Reserve Bank of India (RBI), offered a broad picture of how people across the country viewed their economic situation.

Urban consumers felt a mild rise in confidence as the Current Situation Index moved up to 98.4 from 96.9. Survey responses showed that people felt a little better about prices and the general economic situation. It showed that things looked slightly improved compared to last year. The RBI also reported that the Future Expectations Index rose to 125.6, showing that people expected the coming year to be better. Even

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