Chinese consumer confidence dropped for the fifth straight month in December on concerns over the weakening economic outlook, the National Bureau of Statistics said on February 10.
The sentiment index settled at 87.3 last month, down from 90.2 in November and 92.4 in October, the bureau said on its Website. The sub-index representing consumer satisfaction with current economic performance stood at 86.8, down 2.4 points from the previous month, while the sub-index of consumer future expectations dropped to 87.6 in December from 90.8 a month earlier.
(Shanghai Daily February 11, 2009)
