China: Consumer Confidence Index (CCI)

Macro

2026-07-01

Description

China Consumer Confidence Index (CCI) is compiled and published by the National Bureau of Statistics (NBS) of China. This index measures consumers' subjective perceptions of the current economic situation, their outlook on the economy, income levels, income expectations, and consumer sentiment. It serves as a leading indicator for predicting economic trends and consumption behavior.

A reading above 100 generally indicates that consumers are optimistic about the economy and their financial situation, which may boost consumer spending, whereas a reading below 100 suggests pessimism about the economic outlook, potentially leading to reduced spending.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Consumption CCI

AI Data Insight

The latest China Consumer Confidence Index for May 2026 (Q2) stood at 89.9, a slight rebound from the previous 89.0 in April 2026, yet it remains at a relatively low trough. Market surveys indicate that under the stimulus of policies such as the "trade-in" program, the consumption willingness of youth and high-income groups has shown signs of recovery, but the precautionary savings motive among low-income groups remains strong. Institutions expect that as macroeconomic fine-tuning policies take effect in the second half of the year, China's domestic demand is poised to usher in a mild recovery.

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AI Data Insight

The latest China Consumer Confidence Index for May 2026 (Q2) stood at 89.9, a slight rebound from the previous 89.0 in April 2026, yet it remains at a relatively low trough. Market surveys indicate that under the stimulus of policies such as the "trade-in" program, the consumption willingness of youth and high-income groups has shown signs of recovery, but the precautionary savings motive among low-income groups remains strong. Institutions expect that as macroeconomic fine-tuning policies take effect in the second half of the year, China's domestic demand is poised to usher in a mild recovery.

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Description

China Consumer Confidence Index (CCI) is compiled and published by the National Bureau of Statistics (NBS) of China. This index measures consumers' subjective perceptions of the current economic situation, their outlook on the economy, income levels, income expectations, and consumer sentiment. It serves as a leading indicator for predicting economic trends and consumption behavior.

A reading above 100 generally indicates that consumers are optimistic about the economy and their financial situation, which may boost consumer spending, whereas a reading below 100 suggests pessimism about the economic outlook, potentially leading to reduced spending.

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Consumption CCI