India among top-3 optimistic markets; Inflation, unemployment worrisome factors: Report

According to Ipsos, urban Indians are more apprehensive about inflation at 38%, followed by unemployment at 35%, education at 26%, financial and political corruption at 23%, and crime and violence at 22%.

By  Storyboard18Jul 3, 2024 2:47 PM
India among top-3 optimistic markets; Inflation, unemployment worrisome factors: Report
38% of global citizens claimed to believe that their country is headed in the right direction (Photo: Unsplash)

Indians are quite optimistic that the country is heading in the right direction, according to a report by Ipsos. India's optimism level is at 69%, third among the 29 countries. Singapore ranked no.1 spot with a 73% optimism level, followed by Indonesia at 70%. Notably, 38% of global citizens claimed to believe that their country is headed in the right direction, with pessimism rife.

According to Ipsos, urban Indians are more apprehensive about inflation at 38%, followed by unemployment at 35%, education at 26%, financial and political corruption at 23%, and crime and violence at 22%.

Countries with the lowest optimism levels about the future were, Peru (8%), South Africa (20%), South Korea (21%), and Türkiye (21%), Ipsos What Worries the World Global Survey, June 2024 Report revealed.

The US's optimism level stands at 32%, France at 26%, Canada at 28%, Germany at 27%, Israel at 25% and Japan at 22%, respectively.

Global citizens are most worried about inflation (33%), crime and violence (30%), poverty and social inequality (29%), unemployment (27%), and financial and political corruption (25%).

Amit Adarkar, Ipsos India CEO said, “As a market, India has been quite stable. The govt has been taking steps to offset the impact of global macro conditions on the citizens, to a large extent. Whether it is fuel prices or inflation; a growing economy, now the 5th largest and fuelled by domestic consumption; or India being a dominant voice of Global South; being a part of several global forums, whether BRICS or QUAD, a special invitee to the G7 Summit; with strides in technology and mighty military power, is resonating well with the citizens and they feel re-assured of the future".


Tags
First Published on Jul 3, 2024 2:47 PM

More from Storyboard18

Digital

New NASSCOM forum aims to drive $500 billion India-US trade vision

New NASSCOM forum aims to drive $500 billion India-US trade vision

Digital

US Court blocks “Click‑to‑Cancel” rule; Cancelling Netflix, Prime Video subscription could soon be a hassle

US Court blocks “Click‑to‑Cancel” rule; Cancelling Netflix, Prime Video subscription could soon be a hassle

Digital

Tejas Networks' Q1 loss deepens to Rs 193.87 crore amid revenue decline

Tejas Networks' Q1 loss deepens to Rs 193.87 crore amid revenue decline

Digital

Instagram to make public posts searchable on Google,Bing

Instagram to make public posts searchable on Google,Bing

Digital

No new rules, just clearer language: YouTube updates monetisation guidelines

No new rules, just clearer language: YouTube updates monetisation guidelines

Digital

After YouTube, Meta crackdowns on 'unoriginal content'; removes 10 million fake Facebook profiles

After YouTube, Meta crackdowns on 'unoriginal content'; removes 10 million fake Facebook profiles

Brand Marketing

Microsoft's 2025 layoff ledger: More than 15,000 jobs axed in seven months

Microsoft's 2025 layoff ledger: More than 15,000 jobs axed in seven months

Brand Marketing

Quick-commerce's ad fee toll: Are Zepto, Blinkit, Instamart squeezing out small D2C brands?

Quick-commerce's ad fee toll: Are Zepto, Blinkit, Instamart squeezing out small D2C brands?