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ISLAMABAD, Dec 18 (APP):Adviser to Finance Minister Khurram Schehzad on Thursday said the prudent economic policies introduced by the current government had starting yielding the required results, saying that consumer confidence recorded a ‘strong year-on-year recovery’ during the first quarter of financial year 2026.
He posted on X while commenting on the Pakistan Consumer Confidence Survey conducted by D&B Pakistan and Gallup Pakistan which revealed that the recovery was driven mainly by improved household financial conditions and positive income expectations.
The survey showed that overall consumer confidence increased by 19 percent on a year-on-year basis, confirming a clear rebound from last year’s lows, although a slight cooling was observed on a quarterly basis.
Despite the moderation, the future outlook remained resilient and close to neutral, with the Future Confidence Index standing at 98.2, indicating that consumers largely expect economic conditions to stabilize rather than deterioration.
Household finances continued to serve as a key anchor of confidence, as 62 percent of respondents expected their financial situation to improve or remain unchanged over the next six months.
Income expectations also stayed firmly positive, with 63 percent of consumers anticipating their household income to increase or remain stable over the coming year, keeping the income index in optimistic territory.
The survey further highlighted that younger respondents were the most confident about future income prospects, providing supportive momentum for medium-term demand and economic recovery.
The report suggested that sustained disinflation and visible job support measures could help translate household-led optimism into stronger overall confidence, improved savings capacity, and higher consumption growth in the coming economic cycles.