Consumer Confidence
- Gloss
- a measure of the degree of confidence people have in the economy as a whole and in their own financial situation. If consumer confidence is high, people spend more and the economy grows; the opposite is true if consumer confidence is low.
- Usage
- Lower interest rates would boost consumer confidence.
- Reference
- oxfordlearnersdictionaries.com
Sanskrit equivalent
उपभोक्तृविश्वासः
- Synonyms
- उपभोक्तृविश्वाससूचकाङ्कः
- Context
- Economics More in Business & Finance →