www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Consumer confidence continues to slide in Q1

By Wang Xu (China Daily)
Updated: 2008-04-10 06:58

Inflationary pressure and economic uncertainty further undermined consumer confidence in the first quarter of the year, a widely watched index showed Wednesday.

The National Bureau of Statistics said the consumer confidence index dropped 1.7 percentage points to 94.8 from the fourth quarter of last year, a signal consumers' willingness to open their wallets is waning. In February, confidence slid to an 18-month low of 94.3 when inflation gained 8.7 percent, a 12-year record high.

An index measuring shoppers' confidence in the economy also declined slightly to 90.8 from 92.5 in the fourth quarter of last year, when another index measuring consumers' outlook for the next three months declined to 97.5 from 99.1.

Zhuang Jian, an economist with the Asian Development Bank said: "Concerns about inflation and uncertainty about the economy have cast a cloud over consumer confidence.

"The sluggish stock market also forced consumers to tighten their purse strings because of the depreciated financial investment."

Consumer inflation has been on the rise since last year, largely due to soaring food prices. Mounting inflationary pressure then caused the government to adopt a slew of austerity measures to dampen investment and cool down the economy.

Combined with the turmoil in the international financial market, the move is now creating concerns the world's fourth-largest economy might undergo a major slowdown this year.

The uncertain outlook has triggered a slide in the local stock market. Since the beginning of the year, the benchmark Shanghai Composite Index has shed about 40 percent, partly due to concerns about the profitability of listed companies in a weakened economy.

"The drop in consumer confidence is still moderate, and the potential consumption decline in the coming months is unlikely to have a substantial impact on the overall economy," Zhuang said.

Currently, consumption accounts for less than 50 percent of China's economic growth, compared to about 70 percent in the United States.

"Once inflationary pressures ease, consumer confidence may pick up again," Zhuang said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 国产成人亚洲精品影院 | 伊人狠狠丁香婷婷综合色 | 久久国产影视 | 国产日韩欧美一区 | 女同日韩互慰互摸在线观看 | 很黄的网站在线观看 | 美女张开腿让男人捅爽 | 亚洲精品久久一区二区无卡 | 精品日韩欧美一区二区三区在线播放 | 久久99精品久久久久久 | 亚洲精品国产成人99久久 | 欧美熟videos肥婆 | 国产欧美日本在线 | 热99re久久国超精品首页 | 成人国产三级在线播放 | 久久久精品久久久久三级 | 国产精品国产自线在线观看 | 女人张开双腿让男人桶完整 | cao在线观看 | 欧美色偷偷 | 一级特黄一欧美俄罗斯毛片 | 欧美多人三级级视频播放 | 成人在免费观看视频国产 | 久久久久久极精品久久久 | 情侣偷偷看的羞羞视频网站 | 久久99亚洲精品一区二区 | 99re热精品这里精品 | 一级黄色录像片 | 二区视频在线 | 久久久综合久久 | 韩国一级毛片视频 | 国产三级做爰在线观看视频 | 日本一区二区高清不卡 | 国产亚洲精品久久久久久久久激情 | 九九免费精品视频在这里 | 中午字幕在线观看 | a国产| 日韩精品欧美国产精品亚 | 日本丶国产丶欧美色综合 | 2022久久免费精品国产72精品 | 免费国产99久久久香蕉 |