ID :
12013
Thu, 07/10/2008 - 10:44
Auther :

China’s consumer confidence index falls by 0.7 percent

Beijing, Jul 10 (PTI) China’s consumer confidence index fell to 94.1 percentage points in the second quarter, down by 0.7 percentage points from the previous quarter, the NationalBureau of Statistics (N.B.S.) said.

The index was also 2.7 percentage points lower than inthe same period last year, it said.

The index measures consumers’ outlook towards employment,the economy, regular income, stock market and quality of life.

China’s business climate index also dropped 8.6 points to 137.4 points from last year’s second quarter. The entrepreneurial confidence index fell 8.3 points to 134.8 from the same period last year. PTI RA

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