Published On: Thursday, June 4, 2020 | By: Team KnowMyStock
The RBI said the current situation index (CSI), has touched a historic low and the one year ahead future expectations index (FEI) also recorded a sharp fall, “entering the zone of pessimism.”
“Consumer perception on the general economic situation, employment scenario and household income plunged deeper into contraction zone …; while expectation on general economic situation and employment scenario for the year ahead were also pessimistic,” RBI Consumer Confidence Survey showed.
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