New Delhi, Nov. 28 -- Global consumer confidence continues to remain below the long-term average, signalling persistent caution in spending across major economies, while India stands out by maintaining strong, though moderating, growth momentum, stated a report by McKinsey & Company.

The report noted that the global consumer confidence indicator sentiment has stayed under the long-term benchmark level of 100 through most of the period from 2010 to 2024.

It stated "Consumer confidence remains below the long-term average, suggesting continued caution in spending".

After some improvement last year, the index again slipped in 2025, reflecting uncertainty around economic conditions, elevated living costs in many countries, and a cautious ap...