CPI Consumer Price Index News
- Consumer confidence weakens in July
Date: 28-Aug-2007 Sources: (Shenzhen Daily)
CHINA'S consumer confidence index fell to 96.7 points in July from 97.5 in June, the National Bureau of Statistics said yesterday.
The index stood at 96.7 points in May and 96.2 points in April, the statistics agency said on its Web site.
The index distils consumers' attitudes towards current and future macroeconomic performance, their future earnings and plans for purchases of major durable goods into a composite figure. The sub-index representing consumers' satisfaction with current economic performance stood at 93.0 points in July, down from 94.5 percent in June, the agency said.
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