New Delhi, Oct 20 (TIWN) Consumer confidence of Urban Indians has further improved in October, and has surged by 1.9 percentage points over September, according to the Refinitiv-Ipsos India Primary Consumer Sentiment Index (PCSI).

The monthly PCSI, which is driven by the aggregation of the four weighted sub-indices has shown improvement across at least 3 sub-indices in October, over the previous month: The PCSI Economic Expectations ("Expectations") Sub Index, is up minutely by 0.3 percentage points; the PCSI Investment Climate ("Investment") Sub-Index has increased by a robust 3.8 percentage points; and the PCSI Current Personal Financial Conditions ("Current Conditions") Sub-Index has moved up significantly by 4.2 percentage points; and the PCSI Employment Confidence ("Jobs") Sub-Index is down by 0.5 percentage points.