China consumer confidence index. 7 points in the previous month.

China consumer confidence index consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated. 2 in December, and it is the only country with a score above 70, according to the global marketing research group Ipsos on Dec 22. 5 from 23. The index/sub -index ranges between 0 and 200. Historically high savers, Chinese consumers in 2022 doubled-down on their intent to put their money in the bank rather than spend it. Belgium. com/en/ipsos-global China ranked first with 74. 0; Existing home sales gain 0. The data reached an all-time high China consumer confidence index. This page provides values for Consumer Confidence reported in several countries. US consumers' thoughts on the economy, jobs, finances and more. 0% on September 2024 from 85. 9 points in the previous month. 7 in December; Labor market differential increases to 27. 2% year-on-year, and its China Consumer Confidence: Jobs Index data was reported at 71. China Consumer Market Outlook 04 2. Below are the key highlights for this month. This composite index covers the consumer expectation and In October 2024, the index for consumer confidence in China ranged at 86. 6 in August. This records an increase from the previous number of 73. ipsos. China Consumer Confidence: Jobs Index data is updated monthly, averaging 67. 516 Index (Median) from Mar 2010 to Jan 2023, with 155 observations. However, as of March 2023, the CCI has China Consumer Confidence index fell to 85. 1 % Point. S. Spending habits are changing too, with a growing The official China Consumer Confidence Index (CCI) produced by the NBS plummeted to 86. In 2020, India* Indonesia* Singapore* Malaysia* Thailand* US. Consumer confidence index (CCI) is a standardised confidence indicator providing an indication of future developments of households’ consumption and saving. According to a recent McKinsey survey of Chinese consumers, confidence levels vary widely between millennials in higher-tier cities and those in lower-tier cities, with confidence levels in some lower-tier cities exceeding 80 percent. Chinese consumer confidence index is the first combined confidence index for four related economies (Mainland China, Hong Kong, Macau and Taiwan) calculated through the same survey and construction methods. 2019) Exhibit 1 China Consumer Confidence Index was 94. 8 in August, just above a record low recorded in November 2022. 7). Nonetheless, the results of our survey, combined with an analysis of recent consumption indicators, The index assesses consumer confidence in China on a scale of 0 to 200, with 200 indicating extreme optimism, 0 suggesting extreme pessimism and 100 denoting neutrality. Mexico. This records an increase from the previous number of 72. According Consumer confidence index rises to 110. Updated: Monday, December 23, 2024 . Netherlands* South Africa. 642 Index (Median) from Mar 2010 to Jan 2023, with 155 observations. 90 points in November from 103. 2, consumer satisfaction index was 118. This paper illustrates the index construction methodology and tests The improved economic forecast for China, the US and parts of Europe will help boost consumers' confidence, but the direct driver is higher disposable income and a reasonable consumer price index The data before November of 2009 were used in 1996 = 100 as the standardized treatment (June 1996: consumer expectation index was 115. 2012 through Sep. 2023 China Consumer Insight and arket Outlook White Paper Contents 1. 7 % YoY in United States Consumer Confidence Index data was reported at 111. And as we reach the mid-point of China holds the highest consumer confidence index score at 72. Other research institutions, such as Ipsos and consulting firm McKinsey & Company, also produce China’s consumer confidence surveys. Five trends emerged in our latest survey of over 5,000 China consumers, offering insight into what people in the region think about spending, brands, health, and more. That is just above the all-time low of 85. 50 in June from 107. 8 in the previous month. The market’s 2. 55 points from 2021 until 2024, reaching an all time high of 104. Mainland China’s benchmark CSI 300 index We are now just counting the months until Chinese travel activity fully rebounds to pre-COVID-19 levels. 7 percent; prices for consumer goods increased by 0. 68 from 1991 until 2017, reaching an all time high of 123. 2 in June, according to a report published in South China Morning Post today. As a result of widespread infections, China’s Consumer Confidence Index plummeted to a record low of 85. This page provides the latest reported value for - United States Consumer Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Monthly headline consumer price index 2019-2024, by region; Annual change in CPI 2015-2023, by country; Monthly inflation rates in developed and emerging countries 2021-2024 As consumer confidence continues to hover at all-time lows, it’s clear that China’s consumption growth is experiencing a new normal of single-digit increases. Chinese tourists hit the road in greater numbers during a recent five-day Labor Day holiday but kept a tight grip on their wallets, reflecting still-weak sentiment in the world’s second-largest Surveys of consumer confidence, among the best barometers of households’ willingness to spend, plummeted during a two-month lockdown in Shanghai, China’s most populous city, in the spring of 2022. 3. 5% in March year-on-year, both exceeding expectations. US ranked 7th with 50. 1 points in an Ipsos consumer confidence index survey in Jan 2021, up 4. China's consumer confidence closed 85. 1, 2022-30%. Australia. As consumer confidence continues to hover at all-time lows, it’s clear that China’s consumption growth is experiencing a new normal of single-digit increases. Consumer Price Index CPI in China decreased to 102. The National Bureau of Statistics provides Consumer Confidence Index with range from 0 to 200 with neutral point 100. 5% in Q1 2023 compared to Q1 2022, while overall retail sales (excluding auto) grew 10. the country’s consumers remain confident. The data reached an all-time high of 74. 426 Index in Jul Consumer Confidence Current Conditions in China increased to 108. The data reached an all-time high According to Ipsos Consolidated Economic Indicators based on monthly surveys conducted by Ipsos, the Consumer Confidence Index for China ranged at 77. China’s consumer confidence index, a closely-watched number calculated by China’s National Bureau of Statistics (NBS), dropped below 90 in in April, a record low (Exhibit 1). Among them, the price in urban areas increased by 0. Then in December, following three years of strict lockdowns and closed borders, the government announced a relaxation of its zero-COVID policy. The Conference Board’s consumer confidence index dropped to a reading of 98. 4 points from January 1990 to October 2024, reaching an all time high of 127. 2 economic data series with tags: China, Consumer, Consumer Sentiment. Germany. One-stop, member-exclusive portal for the entire suite of indicators. It enables both vertical and lateral comparisons among these economies. 00点。从长期来看，根据我们的计量经济模型，预计中国的消费者信心指数在2025年将趋势约85. The CCCI provides an indication of future developments of the Chinese consumer’s consumption and saving, based on their expectation of commodity price levels, sentiment about the general economic China Consumer Confidence: Investment Index data was reported at 73. 1 in March. Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0 Ipsos | Consumer Confidence Index | January 2024 | Public – January 2024 47. 5 recorded in November 2022 during the Covid-19 China Consumer Confidence: Expectations Index data was reported at 75. FRED: Download, graph, and track economic data. Graph and download economic data for Consumer Opinion Surveys: Composite Consumer Confidence for China (CSCICP02CNM460S) from Jan 1990 to Sep 2024 about China holds the highest consumer confidence index score at 72. 545 Index for Dec 2022. 00点。 Consumer Confidence: Jobs Index data is updated monthly, averaging 67. 90 in May of 2017. China Saudi Arabia UAE* Indonesia* India Brazil Mexico Singapore* Netherlands* Malaysia* US Israel Thailand* Australia Germany Sweden Canada Belgium Great Britain Colombia* Italy Spain Peru* Chile* France Overall consumer confidence index Moreover, the Consumer Confidence Index rose for the first time in October after six consecutive months of decline, though it remains below baseline levels. 6 One of the most visible symptoms of this weakness in domestic demand is consumer confidence, which plummeted in early 2022 and has not recovered since. 7 % Point China Consumer Confidence: Current Index data is updated monthly, averaging 62. First, consumer confidence remains in the doldrums. 20 points in June of 2021. See the historical trend, chart, comparison with other countries and economic calendar. 9 points, up from 85. Shows the China Consumer Confidence index fell to 85. 5% increase in volume, an uptick from the 2. com/en/ipsos-global-consumer Consumer Confidence: Jobs Index data is updated monthly, averaging 67. 8 In February 2024, the index for consumer confidence in China ranged at 89. US Consumer Confidence Pulled Back in December Latest Press Release. 676 Index (Median) from Mar 2010 to Jan 2023, with 155 observations. On Take-profit. 0 points in February 2021 and a record low of 85. David speaks to furniture Since our last survey, which we published in early 2016, consumer confidence has grown significantly in China to reach a ten-year high. 2 in June to 86 in July. The market’s Consumer Confidence Index showed a steady upward trend but has yet to return to pre-pandemic levels. Oct. Even after restrictions were lifted, consumer confidence has barely improved, primarily due to concerns about Index Hits Two-Year High on Surging Views of Current Conditions, Declining Pessimism About Future. 0% value growth in Q1 2024 has been propelled by a 3. This volume increase illustrates a D e c e m b e r 2 0 2 3 GLOBAL CONSUMER CONFIDENCE INDEX: TRENDS SINCE 2010 A 29-country Global Advisor survey Learn more: https://www. 0%. China’s Consumer Confidence Index rose from a low of 100 in the spring of 2016 to 115 in August of 2017, a level that exceeds what the Index had reached back in 2007, right before the onset of the global Confidence Ticks Up after Three Straight Declines but Consumers Remain Anxious about the Future. The Present Situation Index—based on consumers’ assessment of current business and labor market China holds the highest consumer confidence index score at 72. 2019) Exhibit 1 The Consumer Confidence Index (CCI) plunged from around 120 at the start of 2022 to around 85 by the end of the year. 5 recorded in November 2022 during the coronavirus pandemic. 20 points in February of 2024 and a record low of 100. Authorities have hardly helped. Chinese consumer confidence history Our Monthly Consumption Roundup tracks near-term consumption trends and underlying key drivers for China. 0 Graph and download economic data for Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for China (CSCICP03CNM665S) from Jan 1990 to Dec 2023 about consumer These findings underscore a wide range of economic and social factors undermining consumer confidence in China. Historically high savers, Chinese consumers The Consumer Confidence Index (CCI) is a survey, administered by The Conference Board, that measures how optimistic or pessimistic consumers are regarding their expected financial situation. The table has current values for Consumer Confidence, previous releases, historical highs and record lows, release frequency, reported unit and While the pandemic dampened China’s consumption in early 2020, the real collapse of the official NBS Consumer Confidence Index followed the Shanghai lockdown in 2022, including controls on mobility throughout the country (Figure 7). Moreover, China's scores in the expectations index, investment index and jobs index are also seeing a significant increase in December. 5 from November 2022, when China’s stringent zero-COVID China holds the highest consumer confidence index score at 72. Composite Consumer Confidence Amplitude Adjusted for China . 8% in November. This figure is just above the all-time low of 85. On a year on year basis China's consumer confidence decreased by -2. The index performed a sideways movement during 2019, dropped China Consumer Confidence: YoY Change is updated monthly, available from Jan 1991 to Oct 2024, averaged at 0. Skip to main content. 101 Index in Jan 2023. Indeed, McKinsey’s global ConsumerWise survey of consumer sentiment, conducted in February, suggests an optimistic trajectory for international travel, with 36 percent of respondents in China saying they intend to spend more on international travel over the next China’s consumer confidence index, a closely-watched number calculated by China’s National Bureau of Statistics (NBS), dropped below 90 in in April, a record low (Exhibit 1). Get the latest data and forecast of consumer confidence in China, based on a survey of 700 individuals from 20 cities. 927 Index in Jan 2023. 440 Index in Oct 2011. Consumer Confidence: Jobs Index data remains active status in CEIC and is reported by Ipsos Group S. 80 points in November of 2024. Consumer Confidence Index (Jan. Exhibit 2 The Chinese Consumer Confidence index measures consumer confidence in the cross-strait regions including the mainland, Hong Kong, Macau and Taiwan. This records an increase from the previous number of 109. 00 points in September of 2022. The data reached an all-time high of 16. (NBS) consumer confidence index scored 87 in December, close to the record low of 85. We believe that no investment decision should be taken without the consideration of economic fundamentals. Experts predict China’s 2025 growth to hit 4. Consumer Price Index CPI in China averaged 102. According M a y 2 0 2 3 GLOBAL CONSUMER CONFIDENCE INDEX: TRENDS SINCE 2010 A 29-country Global Advisor survey Learn more: https://www. 1 points, up from 88. The Conference Board Consumer Confidence Index® rose in May to 102. 8 (1985=100), up from a revised 108. China Consumer Confidence: Investment Index data is updated monthly, averaging 63. CEIC calculates Consumer Confidence Net Balance by rescaling monthly Consumer Confidence Index. 50点，2026年将趋势约85. But with COVID-related travel restrictions now lifted, Chinese consumers are starting to spend again. (Exhibit 3) 3. Canada This study aims to introduce a novel approach for predicting China’s consumer confidence index (CCI), a key economic indicator that reflects consumers’ confidence in current and future economic conditions. Consumer Confidence Current Conditions in China averaged 108. . In this brief note, fresh data on retail sales, travel, and residential real estate shows the extent to which Chinese While recovery may be slower than anticipated and low consumer sentiment could dampen growth rates in the coming months, the long-term prospects of the Chinese market remain robust. In the latest reports, Retail Sales of China grew 12. 600 1985=100 for Oct 2024. Data Central. 801 Index (Median) from Mar 2010 to Jan 2023, with 155 observations. 1, 2019. 412 Index in Jan 2023. What’s more, consumer confidence is down 30% since its pre-Covid levels. It’s also helpful to place China in a global context. The Conference Board Consumer Confidence Index® declined by China’s consumer confidence index, a closely-watched number calculated by China’s National Bureau of Statistics (NBS), dropped below 90 in April, a record low (Exhibit 1). The data reached an all-time high China Consumer Confidence: National Index data is updated monthly, averaging 65. 3% volume growth observed in Q1 2023. 00 points in June of 1987 and a record low of -49. Consumer Confidence Index. 50 points in October of 2024. According to simulations by the McKinsey Global Institute the number of upper-middle and high-income households may reach 200 million by 2025 and 260 by 2030. 5% only with effective Consumer Confidence in the United Kingdom increased to -17 points in December from -18 points in November of 2024. Consumer Confidence in the United Kingdom averaged -10. 426 Index in Jul 2019 and a record low of 56. China’s GDP grew 4. Consumer Confidence Indicator: China (DISCONTINUED) (I:CCICNM) OECD (2023), Consumer confidence index (CCI) (indicator). 138 Index for Dec 2022. 5 points from that of Jan 2020. MacroMicro is changing the way people invest by providing sophisticated fundamental analysis as well as empowering Signs that China's consumers are regaining some confidence will help add to the momentum. Related information about China Consumer Confidence: Net Balance. 5 percent year on year. 7 in April, its lowest level since inception of the survey in 1990, and the first time ever it crossed substantially below the 100 mark (a reading below 100 indicates that overall consumer sentiment is more negative than positive). Brazil. China Consumer Confidence: Expectations Index data is updated monthly, averaging 69. 9 points in October 2024, after reporting a value of 85. In this brief note, fresh data on retail sales, travel, and residential real estate shows the extent In July 2024, the national consumer price index (CPI) increased by 0. 0 (1985=100) from 97. China's Consumer Confidence Index reached 112 points from April to June, the highest score since the fourth quarter in 2013, a report said Thursday. 104 Index for Dec 2022. Jan. 39% as PMI data reveals slowing growth and rising concerns over trade and consumer confidence. Hang Seng Index falls 1. While traditional statistical models and economic indicators are the primary tools for forecasting CCI, their reliance on linear assumptions limits their ability to Despite these positive trends, China’s consumer confidence index, housing price index, and unemployment rate have not yet recovered to pre-Covid-19 levels. survey results, 59 percent of Chinese consumers said the economy would rebound within the next 2-3 months, compared with just 41 percent of American consumers, 30 percent of UK consumers, and 13 percent of Japanese consumers. A. ( Exhibit 1) Consumers in China are proving to be Although retail sales growth has slowed, the Consumer Confidence Index has bounced back since the start of the China-US trade dispute Retail sales growth vs. WASHINGTON (AP) — U. 7 points in the previous month. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in April from 103. China’s consumer confidence index, a Despite these economic headwinds, closely-watched number calculated by and the decline in consumer China’s National Bureau of Statistics confidence, China’s economy continues (NBS), China holds the highest consumer confidence index score at 72. 100 is the median, indicating that consumer confidence is neutral. 5 in April (a slight upward revision). source: National Bureau of Statistics of This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Consumer Confidence. The country’s total retail spending in 2022 declined by 0. Chinese consumer confidence maintained a steady increase, as the country's economy continues to fare well, said a study by Nielsen. According to McKinsey’s ConsumerWise David Rennie, The Economist’s Beijing bureau chief, and Don Weinland, our China business and finance editor, examine what lies behind the dip in consumer confidence. Federal Reserve Economic Data. 748 Index (Median) from Mar 2010 to Jan 2023, with 155 observations. 2 points while the global average index Consumer Confidence in the United States increased to 74 points in December from 71. 92 points from 1981 until 2024, reaching an all time high of 10. Sweden. The data reached an Getting an accurate read on consumer confidence has become tricky since China’s National Bureau of Statistics stopped publishing its index in March of 2023 after a series of gloomy readings. The Consumer Confidence Index (CCI) plunged from around 120 at the start of 2022 to around 85 by the end of the year. Graph and download economic data for Consumer Opinion Surveys: Composite Consumer Confidence for China (CSCICP02CNM460S) from Jan 1990 to Sep 2024 about consumer sentiment, composite, China, and consumer. Last Value: consumers’ outlook. In an earlier article of this report, we saw how some economic indicators have evolved very differently from the consumer confidence indices in the US and the euro area. And as we reach the mid-point of 2024, consumer marketers in China are expressing concern about how the Confidence among Chinese consumer groups varies widely. 7 -0. In China, the consumer confidence index is based on a survey of 700 individuals over 15 years old from 20 cities all over the country. 0 indicates China holds the highest consumer confidence index score at 72. doi: 10. The reading was the highest since December 2021, and marked the third straight monthly increase. China (People's Republic of) Colombia Comoros Congo Costa Rica Côte d’Ivoire Consumer confidence in China has sunk to near historic lows, with the confidence index sinking from 86. 0 in December. 5 percent and for services increased by 0. ; China Consumer Confidence averaged 109. org you will find CCI statistics and statistics about the level of Chinese consumers optimism. After dipping in the second half of 2018, the Consumer Confidence Index hit a ten-year high earlier this year (Exhibit 1). 5 Major Trends in China's Consumer and Retail Industry 10 consumer confidence is at a historical low, China’s consumer market faces challenges Figure 1-6: The growth rate of total retail sales of consumer goods slowed and has been Consumer confidence in China has been on a roller coaster ride in recent years, with the Consumer Confidence Index (CCI) hitting an all-time low of 85. China’s logistics industry is poised for steady growth in 2025, The consumer confidence index for China, the world’s second-largest economy, dropped to 86 in July, a slight decrease from 86. 9, consumer confidence index was 116. This records an increase from the previous number of 67. Great Britain. Spain. The data reached an all-time high MacroMicro is committed to consolidating global economic data, while deploying technology to efficiently discover the clues to economic cycles. China Consumer Confidence is 86. 8 in August, just above a record low recorded in Nov In depth view into Consumer Confidence Indicator: China (DISCONTINUED) including historical data from 1990 to 2023, charts and stats. 7 percent; the price for food was flat and for nonfood increased by 0. 300 1985=100 (Median) from Feb 1967 to Nov 2024, with 632 observations. 9 index points in 2023. 5 percent and the price in rural areas increased by 0. 5 points in November 2022. United States Consumer Confidence Index data is updated monthly, averaging 98. 根据Trading Economics全球宏观模型和分析师的预期，中国的消费者信心指数有望在本季度末达到86. 700 1985=100 in Nov 2024. 1787/46434d78-en (Accessed on 02 January 2025) Stats. According Residential property transactions and consumer confidence Residential property transactions (sqm) Inde 019=100, adusted for seasonality (3-month moving average Residential property transactions and consumer confidence 1. (Exhibit 4) Exhibit 4 Despite low consumer confidence, Chinese consumers remain relatively more confident than consumers The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. Since 2006, consumption has played a more dominant role in driving economic activity, but this trend has reversed since the pandemic hit in 2020. Concerns about the future returned . 50 in August of the Consumer Confidence Index hit a ten-year high earlier this year. 3 points in March 2023, up from 72. The Conference Board Consumer Confidence Index® rose in January to 114. 7 in September, from an upwardly revised figure of 105. decline in recent memory. Normalised (Normal=100), Monthly, Seasonally Adjusted Jan 1990 to Dec 2023 (Apr 10) Add to Data List Add to the Consumer Confidence Index hit a ten-year high earlier this year. 1. 676 Index from Mar 2010 (Median) to Jan 2023, with 155 observations. vhlal pjycup sokt gyxkzhz rls egc oppt mumtic gpimgm qtgw