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Consumer sentiment: Rising from the rubble
Consumer sentiment: Rising from the rubble

Business Recorder

time2 days ago

  • Business
  • Business Recorder

Consumer sentiment: Rising from the rubble

After flirting with economic freefall in recent years, Pakistan's consumer confidence is showing signs of life. The Q2 2025 Consumer Confidence Index (CCI) from Ipsos marks a perceptible shift in public mood: optimism about the country's direction, perceptions of the economy, and comfort with household purchases have all inched upward. From six-year lows to six-year highs in some metrics — a swing headline writers dream of. But it's worth asking: from where, to where? There's no doubt sentiment has improved since the inflation tsunami of 2023–24. Official CPI data shows year-on-year inflation has plunged to multi-year lows after peaking at historic highs just over a year ago. The relief is real — the difference between treading water and drowning. Yet while fewer Pakistanis may feel like they're gasping for economic air, most are still a long swim from shore. Consider the 'right direction' indicator. In Q2 2025, 42 percent of respondents said the country is headed the right way — a notable recovery from previous lows. But it still means most remain unconvinced. What's more revealing is the shift in framing. Back in February, the Q1 report declared that seven in ten Pakistanis believed the country was on the wrong track. In Q2, the headline flips the perspective: around two in five believe the country is on the right track. The numbers haven't moved much. The lens has. The same rhetorical pivot is visible in expectations about the economy. The Q1 survey stated that four in ten expected the economy to get weaker in the next six months. Q2's version? Roughly two in five now expect it to get stronger. It's the same statistical territory, packaged to suggest momentum. Nowhere is this more evident than in the claim that 'optimism has risen sharply… reaching its ever highest in 6 years.' Yet when one digs deeper, the exuberance begins to look premature. Only 29 percent of respondents actually consider the economy to be strong. Job confidence, while improved, stands at just 30 percent. And although comfort with household purchases has risen marginally, only one in five respondents currently feel comfortable making such purchases. That's a sobering reality, even if it's better than the 88 percent who said they were uncomfortable a quarter ago. To be clear, the direction of change is positive. But these are not numbers of a confident consumer class. These are numbers of a population still grappling with economic stress, expressing a cautious sigh of relief rather than any surge of optimism. Ipsos deserves credit for presenting time-series data, allowing for trend tracking over multiple quarters. But given how the survey has evolved into fodder for headlines and podium speeches, the gaps in methodology warrant scrutiny. The use of Computer-Assisted Telephonic Interviews (CATI) is pragmatic, and post-stratification by province, gender, and socioeconomic class (SEC) is standard. Yet the lack of detail around sampling precision, response rates, and the definitions of SECs leaves unanswered questions. There is also no mention of urban-rural balancing — a gap that matters, especially when rural respondents have repeatedly shown more optimism. It's understandable why the government is eager to seize this narrative. A fragile rebound is more politically palatable than stagnation. But public policy shaped by cherry-picked numbers runs the risk of overlooking deeper vulnerabilities. Sentiment may be improving, but it is doing so from a historically low base. And the path to real economic stability remains long and uneven. So yes, the mood is better than it was. But if this is what a 'record high' looks like, it serves as a reminder of just how deep the hole was to begin with. Copyright Business Recorder, 2025

77% of Ukrainians positive about 30-day ceasefire, poll shows
77% of Ukrainians positive about 30-day ceasefire, poll shows

Yahoo

time25-03-2025

  • Politics
  • Yahoo

77% of Ukrainians positive about 30-day ceasefire, poll shows

Around 77% of Ukrainians view the proposed 30-day ceasefire positively, according to an Omnibus opinion poll conducted by the Kyiv International Institute of Sociology and published on March 25. In turn, 17% of Ukrainians expressed negative views toward the idea: 8% believe it would weaken Ukraine, 7% see it as a desperate move by the Ukrainian authorities due to the challenging situation at the front, and 2% consider it a step toward Ukraine's surrender. The U.S. and Ukraine initially supported a broader 30-day ceasefire, including a halt to ground operations, but Russia rejected the proposal unless it included conditions that would weaken Ukraine's defense capabilities, such as a suspension of foreign military aid. Before the proposed conditions, 47% of respondents who viewed the ceasefire positively believed it would expose Russia's unwillingness to negotiate in good faith. Between March 19 and March 21, opposition to Russia's ceasefire conditions increased sharply. Around 79% of respondents deemed Russia's conditions categorically unacceptable, while only 16% were willing to consider them, including 14% who found the terms difficult but not entirely dismissible. The Kremlin later claimed that it had ordered a 30-day halt to strikes on Ukraine's energy infrastructure following a phone call between U.S. President Donald Trump and Russian President Vladimir Putin. Kyiv also supported a mutual halt on energy strikes but later accused Russia of continuing attacks on civilian targets. An overwhelming 82% of Ukrainians believe Kyiv should continue fighting regardless of external circumstances. Even in the event of a complete halt on U.S. military support, only 8% said they would lean toward surrender. If the ceasefire comes without security guarantees, 62% would strongly oppose it, while 32% would reluctantly support it. Should Ukraine secure even minimal security guarantees, more than half of respondents would accept the truce. The poll was conducted through computer-assisted telephone interviews (CATI) using a random sample of mobile phone numbers across government-controlled regions of Ukraine. A total of 1,326 respondents were interviewed. Read also: Ukraine, US conclude another round of talks in Riyadh, media reports We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.

ReconMR Named Data Collection Provider for Gallup's U.S. Phone Survey Work
ReconMR Named Data Collection Provider for Gallup's U.S. Phone Survey Work

Associated Press

time04-02-2025

  • Business
  • Associated Press

ReconMR Named Data Collection Provider for Gallup's U.S. Phone Survey Work

'We are deeply committed to supporting Gallup's research that empowers businesses, governments, and organizations worldwide to make impactful decisions with confidence. It's an honor to be entrusted with upholding the standards of excellence associated with Gallup and all that they do,' stated Lyle Durbin, CEO of ReconMR. Gallup has selected ReconMR as its data collection provider for U.S. phone surveys, reinforcing ReconMR's expertise in delivering reliable survey data. With 500 on-site CATI stations and 250 remote interviewers, ReconMR supports Gallup's long-term telephone research using rigorous RDD methodologies. This multi-year partnership ensures high-quality data collection for Gallup's research. This partnership underscores Gallup's confidence in ReconMR's Telephone Data Collection. San Marcos, TX - February 4, 2025 - ReconMR, a leading provider of advanced data collection and research services, is proud to announce its designation as the data collection provider for Gallup's U.S. phone survey work. This strategic partnership underscores ReconMR's expertise in delivering high-quality, reliable, and timely survey data, while reinforcing Gallup's commitment to providing exceptional data-driven insights. Since 2024, ReconMR has conducted phone-based surveys in the United States on behalf of Gallup, leveraging its 500 on-site U.S.-based CATI stations along with 250 U.S. remote interviewers, highly trained staff, and state-of-the-art data collection technology. The partnership enables Gallup to enhance the efficiency of its phone-based data collection processes while preserving the integrity of its long-term telephone trends through rigorous Random-Digit-Dial (RDD) methodologies. By leveraging ReconMR's ongoing commitment to RDD data collection, Gallup continues to refine these methods in response to evolving phone technology, ensuring the accuracy and reliability for which Gallup is renowned. 'After a year of working together, we are thrilled to be named Gallup's preferred partner for phone survey work,' said Lyle Durbin, CEO of ReconMR. 'Gallup has long been a globally recognized leader in data collection and research, renowned for setting the standard in delivering accurate insights and meaningful analysis. We are deeply committed to supporting Gallup's research that empowers businesses, governments, and organizations worldwide to make impactful decisions with confidence. It's an honor to be entrusted with upholding the standards of excellence associated with Gallup and all that they do.' 'This partnership ensures that Gallup can continue collecting the Gallup Poll Social Series (GPSS) via telephone, allowing us to consistently and confidently maintain valuable trends, some of which go back nearly a century,' said Jenny Marlar, the Director of Survey Research at Gallup. 'We selected ReconMR because of their large-scale telephone data collection capabilities and their demonstrated commitment to maintaining standards of excellence in telephone data collection.' The new agreement between Gallup and ReconMR spans multiple years, reinforcing the long-term vision for continuous collaboration and advancement in data collection. About ReconMR ReconMR is a leading survey research firm with over 30 years of experience providing research solutions to government agencies, universities, media outlets, public policy and social science researchers, political pollsters, healthcare organizations, and more. Services include Telephone and Online data Collection, Text-to-Web, Panel research, as well as an Insights Division specializing in Energy Research and Community Engagement research. For more information on ReconMR and its services, visit . About Gallup Gallup delivers analytics and advice to help leaders and organizations solve their most pressing problems. Combining more than 80 years of experience with its global reach, Gallup knowsmore about the attitudes and behaviors of employees, customers, students and citizens thanany other organization in the world. Media Contact Company Name: ReconMR, Inc. Contact Person: Lance Hoffman, EVP Address:135 S. Guadalupe City: San Marcos State: TX Country: United States

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