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


China Consumer Confidence

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.


China Inflation Rate Accelerates in March  
Higher fresh food prices boosted Chinese annual consumer prices up to 2.4 percent in March of 2014, after slowing to 2 percent in the previous month. On a monthly basis, prices fell 0.5 percent.
China Reports Trade Surplus in March  
China's exports declined 6.6 percent in March of 2014 from a year earlier, while imports dropped 11.3 percent, leaving the country with a trade surplus of USD 7.7 billion. Although the trade balance rebounded from its USD 23 billion deficit in February, it was the second consecutive month exports contracted.
PBOC Widens Yuan’s Daily Trading Band  
People’s Bank of China decided on March 15th, 2014 to widen the trading band, allowing the Yuan to fluctuate by 2 percent from the parity daily, up from the previous 1 percent target. The decision, effective from March 17th aims to enable the market to play its roles and make the Yuan a freer currency.
China Inflation Decelerates in February  
Chinese annual inflation rate slowed to 2 percent in February after growing 2.5 percent in each of previous two months. It was the lowest rate in thirteen months.
China Posts Trade Deficit in February  
Chinese trade balance turned into a USD 22.9 billion deficit in February of 2014, the highest in two years, as exports tumbled 18 percent over a year earlier on Lunar Year distortions.
People’s Bank of China Drains Funds to Curb Lending Surge  
On February 18th, 2014, People’s Bank of China drained CNY 48 billion (USD 7.9 billion) from money markets to absorb liquidity, as bank lending jumped more than expected in January.
China Annual Inflation Rate Rises 2.5% in January  
China's consumer prices rate held steady at 2.5 percent in January, while producer prices fell 1.6 percent, official data from the National Bureau of Statistics showed.
China's Trade Surplus Widens in January  
China's exports beat expectations, rising 10.6 percent from a year earlier in January, while imports jumped 10 percent, leaving the country with a trade surplus of $31.9 billion.
China Interbank Rate Declines as PBOC Injects Cash  
China’s benchmark money-market rate declined 88 basis points to a weighted average of 5.4 percent on January 21st as the People's Bank of China injected more than 255 billion yuan (USD 42 billion) to meet cash demand. The day before, the seven day repo rate reached as high as 7.5 percent.
China’s GDP Expands 1.8% QoQ in Q4 2013  
In the fourth quarter of 2013, China’s GDP expanded a seasonally adjusted 1.8 percent over the previous quarter, down from a 2.2 percent rise in the previous three-month period. While consumption contributed to 50 percent of GDP and investment to 54.4 percent, trade of goods and services was a negative 4.4 percent.


New Zealand Inflation Rate Slows in Q1  
The CPI increased 1.5 percent in the year to the March 2014 quarter, following a 1.6 percent increase in the year to the December 2013 quarter. About half of the annual increase came from housing and household utility prices, which increased 3.3 percent.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Nigerian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Nigeria accelerated to 7.8 percent in March of 2014, from 7.7 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 8.6 in March of 2013.
Turkey Unemployment Rate Edges Up Slightly in January  
Turkish jobless rate increased for the third consecutive month in January of 2014 to 10.1 percent, up from 10.0 percent in the previous month, but decreased compared with 10.6 percent recorded a year earlier.
Euro Area Trade Surplus Widens in February On Rising Exports  
The first estimate for the Euro Area trade in goods balance with the rest of the world in February of 2014 gave a € 13.6 billion surplus, compared with € +9.8 bn in February of 2013. The January 2014 balance was € +0.8 bn.
UK Inflation Rate Slows Further in March  
UK annual consumer prices fell to its lowest in over four year in March of 2014. The inflation rate decelerated for the sixth consecutive month to 1.6 percent, down from 1.7 percent in February, due to lower fuel, clothing and furniture prices.
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
Ghana’s Economy Advances 2.7% QoQ in Q4  
Ghana GDP growth accelerated to a quarter-on-quarter seasonally adjusted 2.7 percent in the last three months of 2013. Figures for the previous quarter were revised to show a 4.4 percent contraction, down from a 0.5 percent expansion initially reported.
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.

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