Consumer confidence riding high

Macroeconomics

29 January 2004



China's consumer confidence index had rebounded from 68.0 in June 2003 to the current 83.7, 12.7 points higher than the average level of the past several years, according to a survey by Mastercard International.

The regular survey, conducted twice a year in June and December and covering 13 countries in the Asia-Pacific region, measures consumers' views of the economic environment in the next six months.

The survey analyzed consumers' views of employment prospects, national economy, fixed income, the stock markets and living standards.





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