China Consumer Confidence

Consumer Confidence in China increased to 103.10 in February of 2014 from 101.10 in January of 2014. Consumer Confidence in China is reported by the National Bureau of Statistics of China. Consumer Confidence in China averaged 109.84 from 1991 until 2014, reaching an all time high of 124.60 in August of 1993 and a record low of 97 in November of 2011. In China, the consumer confidence index is based on a survey of 700 individuals over 15 years old from 20 cities all over the country. This composite index covers the consumer expectation and consumer satisfaction index, thus measures the consumers' degree of satisfaction about the current economic situation and expectation on the future economic trend. The Index measures consumer confidence on a scale of 0 to 200, where 200 indicate extreme optimism, 0 extreme pessimism and 100 neutrality. This page provides - China Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
103.10 101.10 124.60 97.00 103.20 | 2014/03 1991 - 2014 Monthly

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China Consumer Confidence
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Consumer Last Previous Highest Lowest Forecast Unit
Consumer Confidence 103.10 2014-02-15 101.10 124.60 97.00 103.20 2014-03-31 [+]
Bank Lending Rate 6.00 2014-04-30 6.00 12.06 5.31 5.99 2014-05-31 Percent [+]
Consumer Spending 190423.80 2012-06-29 168956.60 190423.80 453.00 192245.50 2012-12-31 CNY HML [+]
Disposable Personal Income 26955.00 2013-12-31 24565.00 26955.00 343.40 28741.83 2014-06-30 CNY [+]
Personal Savings 0.35 2014-12-31 0.35 3.15 0.35 0.35 2015-12-31 Percent [+]
Retail Sales MoM 0.71 2014-02-15 0.78 1.57 0.19 1.14 2014-03-31 Percent [+]
Retail Sales YoY 11.80 2014-02-28 11.80 19.90 11.60 12.17 2014-03-31 Percent [+]
[+]


Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


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