India retains world's most optimistic market tag

• India has once again emerged as the most optimistic market, driven by its buoyant domestic consumption levels, but slowing growth and inflationary concerns could put pressure on consumer confidence for the year ahead,  according to the latest global consumer confidence findings from Nielsen, a provider of information and insights into what consumers watch and buy, India remained the world's most optimistic market for the eighth consecutive quarter with a one point consumer confidence index increase to 122. 
• India was followed by Indonesia and the Philippines at 117 in the list.
• Global consumer confidence increased one index point to 89, even as confidence levels in 24 out of 27 European markets witnessed a decline.
• Hungary was the world's most pessimistic market at 30 index points, followed by Portugal (36) and Greece (41), where quarterly confidence levels fell seven, four and 10 points, respectively.