Consumer Confidence Regains Momentum: Adam Roseman

In: Adam Roseman

22 Feb 2012

As the region adjusted to the slow economic growth, Chinese consumer confidence climbed in December following a nearly all-time low in November.

Adam Roseman of ARC China discussed the trend in a newsletter. He wrote: “The headline China Consumer Sentiment Index and all seven sub-indexes rose in December 2011, the research company said, but remained below levels seen at the end of 2010 and early 2011, before the domestic economic slowdown prior to Europe’s simmering debt problems morphing into a fill blown crisis at the end of summer.

“The total index measuring consumer confidence rose to 89.0 in December from 86.7 the previous month (which was just shy of September’s record low of 86.5). The index measuring current confidence rose to 91.4 from 87.3 in November and 89.2 in October, while that measuring future expectations rose to 87.7 from 86.3 in November but remained below October’s 88.3.”

Comments are closed.

About this blog

Stay up to date on the economic news from China. Gain insight from leading investors in the Chinese market, like Adam Roseman of ARC Investment Partners. Follow the economic trends and changes occurring in the global marketplace, as they relate to changes taking place in China.