China consumer confidence rebounds in Q4: Nielsen
Updated: 2013-01-30 16:33
By Hu Yuanyuan (chinadaily.com.cn)
|
|||||||||||
China consumer confidence rebounded in the fourth quarter after stabilizing in the previous two quarters, as the country's economy improved, but inflation pressure remained low, research from Nielsen showed on Wednesday.
The quarterly consumer confidence index rose to 108 in the fourth quarter - 17 points ahead of the global average, according to the Nielsen's survey. The index had dropped to 105 in the second quarter, from 110 in the first quarter but stabilized at 106 in the third quarter.
Compared with the previous quarter, consumers' willingness to spend remained stable, as the employment outlook and personal financial expectations both slightly increased.
"Although China's economy slowed in 2012, it rebounded in the fourth quarter, boosting consumer confidence," said Yan Xuan, the president of Nielsen Greater China. "The rise of the confidence index in the fourth quarter is a positive signal regarding a rosy economic trend for 2013."
Find more in
Related Stories
Housing market still a sensitive social issue 2013-01-18 14:15
Consumer confidence rises 2012-11-07 09:28
China's consumer confidence weakens in Sept 2012-10-15 17:22
Decoding the Chinese consumer 2012-08-13 13:48
Consumer confidence improves slightly in July 2012-08-10 09:25
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|












