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Burmese Consumers ‘Extremely Confident’: MasterCard

26 June 2013

Consumers in Burma are among the world’s most optimistic, according to a survey conducted by US-based financial services corporation MasterCard between April and May 2013. Burma led the Asian-Pacific region with a score of 96 points, followed by India with 82 points, Indonesia with 81, and the Philippines with 79.9. While most developed economies in the region were deemed to be “neutral” (scoring around 50 points), many emerging markets showed strong signs of confidence. Bangladesh, however, was rated “very pessimistic,” with a score of 22.2, and Vietnam experienced “significant deterioration” in consumer sentiment amid a slowing economy.