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Shoppers more willing to spend as inflation concerns ease, survey finds
Chinese consumers' confidence stabilized in the third quarter, due to lower inflation across all categories and double-digit disposable income growth in both urban and rural regions, research from Nielsen.
The quarterly consumer confidence index rose by 1 percentage point to 106 in the third quarter - 14 points ahead of the global average, according to Nielsen's survey. The index dropped to 105 in the second quarter, from 110 in the first quarter.
CPI rose 1.9 percent year-on-year in September, easing from 2 percent in August, according to the National Bureau of Statistics. And quite a number of economists have estimated that it is likely to remain below 3 percent by the year's end.
The PMI hit 50.2 in October, up from 49.8 in September, according to the bureau.
"The economy's growth has been steady, reflecting a slow but continuous rise in demand and more accommodative fiscal and monetary conditions," said Chang Jian, an economist with Barclays Capital.
Rural Chinese consumers remained the most confident segment of the population in the last quarter at 113 points, the same level as the previous quarter and a 3-point year-on-year increase.
"First-tier cities on the other hand are making progress toward a more service-based economy and thus seemed better at insulating workers from some of the manufacturing doldrums that China experienced earlier in the year."
Personal digital appliances such as tablets and digital cameras ranked high on shopping lists for the next 12 months, as 31 percent of consumers said they were planning to purchase these items. That sentiment was strongest among consumers in first-tier cities, 66 percent of whom said they were planning to buy these items.
The demand for home appliances such as televisions and washing machines is also on the rise, with 29 percent of consumers indicating they are planning to purchase these items in the next 12 months, led by 60 percent of consumers in first-tier cities.
沪江英语快讯：尼尔森全球消费者调查覆盖58个国家和地区，消费者的信心指数以高于或低于100作为标准，其中，高于100代表乐观，而低于100则代表不乐观。在此次调查中，中国消费者消费意愿上升2点至36点，同时，一线城市消费者的消费意愿大幅增长10点至58%。调查显示，中国消费者消费意愿上涨，个人电子产品，如平板电脑、数码相机等，在消费者未来一年的购买计划中名列前茅，有31%的消费者表示，他们计划购买这些产品。其中一线城市消费者所占比例最大，为66%，四线城市为47%，二线城市45%，三线城市42%。 | 
发表于 2016-8-10 08:23:23