• 24-OCT-2012

  • SOURCE: PricewaterhouseCoopers LLP

PwC Releases First ever Global Consumer Index (GCI): Global Spending Slowdown Eases

The Index is a leading indicator of trends in the global consumer cycle. It combines dozens of economic series into a single index, which historically has tracked global consumer spending closely. It is unique in that it provides an early warning indicator of trends at a global level, giving businesses and policy makers an indication of future consumer demand for goods and services and an early steer on short-term growth prospects. Growth in global consumer spending is has been slowing – but the latest value of PwC's new Global Consumer Index (GCI) suggests that the slowdown may have eased in October. This may lead to a gradual recovery in 2013. Available video includes general views.