Consumer confidence in China 2017-2018

China: Consumer Confidence Index from November 2017 to November 2018 (100 = neutral)

The statistic shows an index of consumer confidence in China from November 2017 to November 2018. In November 2018, the index for consumer confidence in China had ranged at 122.1 points.
Consumer confidence in China – additional information

The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country.

As shown by the graph at hand, confidence among Chinese consumers has picked up since the beginning of 2014. In February 2015, the CCI hit a record value of 109.8 index points. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers had gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP.

As consumers need time to react to economic changes, the CCI tends to lag behind other indicators. Opposed to the CCI, both the consumer price index (CPI) and producer price index (PPI) had been comparably low in 2014. The former indicates rising risks of deflation as the world economy cools down. The latter suggests a lack of growth and demand in the manufacturing sector.

China: Consumer Confidence Index from November 2017 to November 2018 (100 = neutral)

	Index points (100 = neutral)
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

	Index points (100 = neutral)
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

About this statistic

Show source

Download Settings Share

Description

Source

More information

The statistic shows an index of consumer confidence in China from November 2017 to November 2018. In November 2018, the index for consumer confidence in China had ranged at 122.1 points.
Consumer confidence in China – additional information

The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country.

As shown by the graph at hand, confidence among Chinese consumers has picked up since the beginning of 2014. In February 2015, the CCI hit a record value of 109.8 index points. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers had gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP.

As consumers need time to react to economic changes, the CCI tends to lag behind other indicators. Opposed to the CCI, both the consumer price index (CPI) and producer price index (PPI) had been comparably low in 2014. The former indicates rising risks of deflation as the world economy cools down. The latter suggests a lack of growth and demand in the manufacturing sector.

Source

More information

Other statistics on the topic

U.S. inflation rate 1990-2018

Countries with the highest inflation rate 2017

Inflation rate in China 2012-2023

Inflation rate in EU and Euro area 2022

Basic Account

Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account

Your perfect start with Statista

Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

* All products require an annual contract.
Prices do not include sales tax.

Leading companies trust Statista:

Related Studies: Available to Download in PDF or PPTX Format

Consumer Price Index and inflation rate in China

All Information
in one Presentation

Consumer Price Index and inflation rate in China

51 page/s
English
pptx
Detailed references

Everything On "Consumer Price Index and inflation rate in China" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Go to dossier