The consumer confidence index in the local economy increased five points quarter-on-quarter to 67 points at the end of March, Nielsen said in its latest global consumer confidence report.
European confidence rose two points to 75 from the last quarter of 2013, with consumers reported increased confidence in 21 out of the 32 countries surveyed.
Globally, the consumer confidence index reached 96 points after the first three months of 2014, its highest level since early 2007.
Perceptions of local job prospects improved in all regions except Latin America, recessionary sentiment improved in 68 percent of markets and discretionary spending intentions increased in all regions, according to Nielsen’s findings.
The Nielsen survey measures consumer confidence, major concerns and spending intentions among more than 30,000 respondents with Internet access in 60 countries. Consumer confidence levels above and below a baseline of 100 indicate degrees of optimism and pessimism.