The consumer sector will benefit as three in five, or 60%, of online respondents in Nielsen’s study indicated that this is a good time to purchase goods they want and need, a 6 percentage point increase from the first quarter.

Additionally, about 83% of respondents are more positive about the job market over the next year, a 9 percentage point increase in sentiment from last quarter.

“India is the most optimistic globally about local job prospects over the next 12 months and is followed by the Philippines (77 per cent) and Indonesia (76 per cent),” according to survey results.

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