Beijing, April 4 (ZXS) -- In the first quarter of 8, the cross-strait and Hong Kong and Macao consumer confidence index was released in Beijing on the 2023th, and the total consumer confidence index of the mainland (mainland) ranked first with 8.109; Hong Kong, Macao and Taiwan were 7.94, 8.87 and 4.90 respectively.
Compared with the fourth quarter of 2022, the consumer confidence index of the mainland (Mainland), Hong Kong, Macao and Taiwan all rebounded, rising by 6.7, 8, 9.8 and 1.2 respectively. Among them, Macao increased the most.
The consumer confidence index is a subjective evaluation and psychological expectation obtained by consumers after comprehensive judgment of all aspects of the economic situation. Values range from 0 to 200, with a value below 100 indicating "low confidence" and a value above 100 indicating "confidence". The index includes six sub-indices: economic development, employment, prices, living, home purchase and investment.
According to the survey, the total consumer confidence index in mainland (mainland) is in an optimistic range, rising 6.9 year-on-year and 6.7 month-on-month, the largest increase in recent years. From the perspective of various sub-indexes, economic development, investment, employment and living confidence all increased by more than 5 percentage points year-on-year and month-on-month, with a large increase. Confidence in buying houses has rebounded sharply year-on-year, and price confidence has not risen much.
In Hong Kong, the total consumer confidence index rose 9.2% from the previous quarter and a significant 19.5% year-on-year. Public confidence rose in all areas, with the Economic Development Sub-Index rising the most by 24.1%. Employment status has become the most confident category for Hong Kong people, while price situation remains the lowest confidence sub-index.
The survey pointed out that Macao's consumer confidence index in the first quarter extended the upward trend of the previous quarter, rising by as much as 18%, and most of the sub-indices rose above 90, indicating that Macao's economic recovery has strengthened its foundation and public confidence has continued to improve.
Taiwan's survey shows that people have the most confidence in investment, and the most worried about the price level.
The Consumer Confidence Index survey and compilation was jointly completed by Capital University of Economics and Business, City University of Hong Kong, Macau University of Science and Technology and Fu Jen University in Taiwan. (End)