People in emerging economies are far more confident about their financial outlook than those in older economies, with 78% of Brazilians optimistic compared with just 4% of French people, a survey shows.
As reported by Reuters, the poll of 24 countries was produced by Ipsos. The Ipsos poll found people in Brazil were clearly the most confident that the economy will be stronger in the next six months.
India came in second with 61%, followed by Saudi Arabia at 47% and China at 44%, according to "The Economic Pulse of the World" poll, carried out in December.
After France, the least optimistic countries were Japan,Hungary and Britain, raising questions about long-term spending habits there.
"People are not in the doldrums like they were in 2009. But there's only tepid confidence at this point," Cliff Young, pollster at Ipsos Public Affairs, told the news service, referring to overall global sentiment.
