国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

Make me your Homepage
left corner left corner
China Daily Website

China's consumer confidence drops in June

Updated: 2013-07-09 18:47
( Xinhua)

BEIJING - Chinese consumers, particularly those with bank cards, showed weaker confidence in consumption last month, partly due to an unfavorable economic situation, according to an index released Tuesday.

The Bankcard Consumer Confidence Index (BCCI), compiled by the Xinhua News Agency and China UnionPay, a national bank card association, dropped 0.87 points to hit 85.56 points in June from May, marking the third month-on-month decline.

The index was down 1.11 points on a year-on-year basis last month, according to a report issued along with the index. A lower reading in the index shows a decline in consumers' desire to spend.

The report partly attributed the drop to an unfavorable macroeconomic situation in China.

The purchasing managers' index for the manufacturing sector fell to 50.1 percent in June from 50.8 percent in May, according to data issued by the China Federation of Logistics and Purchasing.

The drop indicated weakening expansion in manufacturing activity and will exert downward pressure on the economy, the report said.

The report also cited plunges in the stock market as a factor that dampened consumer confidence, as the benchmark Shanghai Composite Index dived more than 13 percent last month.

The BCCI index, first released in April 2009, is based on bank card transaction data and analyses of structural changes in urban consumption.

 
...
...
...