Westpac-MNI China Consumer Sentiment for December,+1.3% m/m to 112.5

  • prior was 111.0
westpac mni consumer confidence 07 January 2015

Comments from Westpac-MNI:

  • Chinese consumer sentiment … bouncing back further from the three year low seen in October
  • Consumers increasingly optimistic about the outlook for business conditions
  • Confidence in the real estate market edged higher
  • The monthly improvement is to be welcomed .. but first meaningful increase since July, showing consumer confidence remains subdued
  • Sentiment decreased by 10% in 2014
  • The average for Q4 was the weakest quarterly result on record