India, Vietnam, China, Singapore optimistic about economy in 2009: MasterCard survey news

Domain-b.com, 23 Dec 2008

Consumer confidence across the Asia Pacific region has dropped seven points from six months ago, as a result of current economic volatility and the prospect of a global economic recession, according to the MasterCard Worldwide Index of Consumer Confidence.

Results from the latest survey released today reveal that consumers in the region are pessimistic about the six month period ahead. However, amongst the 14 countries surveyed, India along with China, Vietnam and Singapore have shown optimism in consumer confidence which will continue till early 2009.

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