Confidence index takes a tumble

2008-7-10 | NEWSPAPER EDITION

CHINA'S consumer confidence index dropped in the second quarter, reflecting an expected cooling in the country's economy.

The index fell 0.7 percentage points from the previous quarter to 94.1, said the National Bureau of Statistics yesterday. The index was also 2.7 percentage points lower than in the same period last year.

Consumer confidence edges up after earthqua...

CHINESE consumer confidence edged up 0.2 percentage point to 95.1 points in June, boosted by easing general prices and earthquake rescue work which encouraged patriotism. The China Consumer Confidence Index, compiled...