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China Consumer Confidence Index fall back to 104 points at the third quarter

Source: Yiwu sourcing agent    Author: Gary      Date: 2010-11-18

China Economic Monitoring Center of National Bureau of Statistics gave a report on November 17 that in the third quarter China Consumer Confidence Index fall back to 104 points, decreased by 5 point, after five quarters increasing.
“The main point is the falling of consumption, and it is the inflation expectation rising,” said the deputy director Pan Jiancheng, now the confidence of China customer is optimistic, stable obtain employment and incomes, but now there is only 41% of the consumers thought that it is s good time to shopping, decreased 11%.
It is showed that China customers’ attitude on the rising of general level of planned prices in the next year proportion has increased. 76% of them consider that prices would be rise up, increased 6%. 19% consider that it would be stable, and only 5% consider prices would be fall.
Customers keep optimistic attitude to the employment and incomes in the next year. It is showed that 68% of the customers consider that it would be good or very good for obtain employment, and 64% of them consider that incomes would be good or very good.
Reporters informed from the presentation of the third quarter China Consumer Confidence that the global customer confidence fall down, especially American customers.



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