Latest News:  
Beijing   Light rain    21 / 13 ℃  City Forecast

English>>China Business

Confidence index down

(Xinhua)

08:13, October 16, 2012

Chinese consumers, particularly those with bank cards, showed slightly less confidence in consumption in September due to an unfavorable economic situation and holiday factors, according to an index released Monday.

The Bankcard Consumer Confidence Index, compiled by the Xinhua News Agency and China UnionPay, a national bank card association, dropped 0.41 points from August and 0.54 points year-on-year to 85.8 points in September.

The report said consumer confidence was dampened by the unfavorable macroeconomic situation and the arrival of the Mid-Autumn Festival, which pushed up food consumption but reduced consumption of other items.

News we recommend:
Let the train, take the strain Personal care market to keep growing An Apple a day isn't keeping critics away
Global companies expand rapidly in China Shanghai's 'other' market China's tourism industry reaps golden harvest
Commentary:Asking the right questions  More Investment, More Woes? All that glitters is gold


Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. PLA photography exhibition "General's feelings"

  2. Frontier sentry post in northeast China

  3. Zero distance to North Korea's modern life

  4. Cold-resistant subway train carriage delivered to Harbin

  5. China launches Long March 2C carrier rocket

  6. Record M2 growth signals recovery

  7. Odds on, Macau's got plenty to offer

  8. Chinese basketball player poses for magazine

Most Popular

Opinions

  1. Pending CNOOC-Nexen deal puts West in hotseat
  2. Editorial: Endangered green growth
  3. Nobel committee should reflect on booing sounds
  4. Commentary: The case for Huawei in US
  5. No joke, China job creator for US
  6. Commentary: Regulating shadow banking
  7. Editorial: Targeted auto support
  8. Japan should admit dispute over Diaoyu Islands
  9. Telecom firms' business mutually beneficial
  10. US never recognizes Japan's claim over Diaoyu

What's happening in China

Graduates willing to take less for first position

  1. Famous clothing brands condemned for pollution
  2. Speeding police car kills mother and boy
  3. Patriotism charter attracts 50 mln signatories
  4. 6 killed in NE China building collapse
  5. Armed drug addict shot dead, hostage saved