Q2 confidence above global average
By Ding Yining |
August 2, 2012, Thursday
|
Print Edition
Print Edition
CHINA'S consumer confidence in the second quarter of this year stayed above the global average despite the decline in confidence reading due to a slowdown in income expectation in lower-tier cities.
The Consumer Confidence Index released yesterday by Nielsen stood at 105, down from 110 in the first quarter but still 14 points above the global average of 91.
The survey covered more than 3,500 Chinese consumers and polled more than 28,000 consumers in 56 countries and regions on the global level.
Confidence among first-tier city consumers jumped the most, gaining 6 points to 107.
"In first-tier cities, service sector job growth boosted consumer confidence on job expectations," commented Yan Xuan, president for Nielsen's China operations.
Income expectation was also higher among first-tier city residents due to lower inflation.
The Consumer Confidence Index released yesterday by Nielsen stood at 105, down from 110 in the first quarter but still 14 points above the global average of 91.
The survey covered more than 3,500 Chinese consumers and polled more than 28,000 consumers in 56 countries and regions on the global level.
Confidence among first-tier city consumers jumped the most, gaining 6 points to 107.
"In first-tier cities, service sector job growth boosted consumer confidence on job expectations," commented Yan Xuan, president for Nielsen's China operations.
Income expectation was also higher among first-tier city residents due to lower inflation.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
